March 12th News
On March 12, Hebei Zhengyuan's liquid ammonia plant is operating normally. The manufacturer raised its quotation by 70 yuan today, with the current price at 2,170 yuan/ton. The manufacturer sells part of its production externally, with a daily sales volume of 300 tons. The manufacturer's liquid ammonia plant has a capacity of 600,000 tons.
Chempricehub Analysis of Liquid Ammonia, Bull-Bear Score: 1
Hebei Zhengyuan raised its liquid ammonia quotation by 70 yuan to 2,170 yuan/ton. The plant is operating normally with a daily sales volume of 300 tons, indicating that suppliers are optimistic about the market, possibly driven by improved demand or rising costs. This move is favorable for the spot price of liquid ammonia, and it is expected that spot prices in local markets will experience a slight increase in the short term.