February 5th News
On February 5th, Henan Shenma Hydrogen Chemical's 600,000-ton liquid ammonia plant is operating normally. The quoted price has been reduced by 50 yuan today, with the current price at 2,050 yuan/ton. The manufacturer currently sells part of its liquid ammonia externally, with a daily sales volume of 300 tons.
Chempricehub Analysis of Liquid Ammonia, Bull-Bear Score: -1
The liquid ammonia price has been lowered by 50 yuan to 2,050 yuan/ton, indicating ample market supply or weak demand, which exerts a bearish impact on spot prices. The normal operation of the plant and a daily sales volume of 300 tons reflect stable supply. However, the price decline highlights market pressure, which may stem from inventory accumulation or weakening downstream demand.