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Partial price decline in China’s liquid ammonia market Author/Source: Date: 12-20-2016 Clicks: 4 On December 19, partial price declines were observed in China’s liquid ammonia market. In the Hebei region, prices dropped by 50 yuan on average; in northern Shandong, the drop was over 100 yuan in some areas. In Linyi and Jiangsu, prices fell by 40 yuan, while in Henan they dropped by 20–40 yuan. Currently, the mainstream acceptance price in Shijiazhuang, Hebei is 2,350–2,360 yuan per ton, while the ex-plant acceptance price in Cangzhou is 2,500 yuan per ton ； In northern Shandong, the cash price is 2,350–2,500 yuan per ton, while in the Linyi area, the price upon delivery after acceptance is 2,560–2,580 yuan per ton ； In Jiangsu province, the prevailing price for goods delivered upon acceptance in northern Jiangsu is 2,560–2,600 yuan per ton, while in southern Jiangsu it is 2,650 yuan per ton ； In northern Anhui, the prevailing price for acceptance is 2,470–2,490 yuan per ton, while in southern Anhui the prevailing cash price is 2,550 yuan per ton ； The regional mainstream price in Henan is 2,330–2,350 yuan per ton ； The prevailing price for liquid ammonia in Hubei is 2,700–2,720 yuan per ton, while the actual transaction price ranges from 2,650–2,680 yuan per ton ； The prevailing price in Hunan is around 2,750 yuan per ton. Future market forecast: Affected by environmental inspections in the Shandong region, urea manufacturers have reduced production, which has led to an increase in liquid ammonia output; therefore, downward pressure on prices is likely to persist in the future ； In Hebei region, transportation is significantly restricted due to foggy weather in the Beijing-Tianjin-Hebei area, leaving corporate inventories at high levels. In the short term, the liquid ammonia market is expected to remain stable with only minor adjustments. (Bai Chuan)