February 12th News
On February 12th, the 100,000-ton liquid ammonia unit of Ningxia Runfeng operated normally. Today's quotation was lowered by 50 yuan, with the current price at 2,340 yuan/ton in cash. The manufacturer currently sells part of its liquid ammonia externally, with a daily sales volume of 150 tons.
Chempricehub Analysis of Liquid Ammonia, Bull-Bear Score: -1
Ningxia Runfeng's liquid ammonia quotation was lowered by 50 yuan to 2,340 yuan/ton. The unit operates normally with a daily sales volume of 150 tons, indicating stable supply but relatively weak demand, leading to downward pressure on spot prices. The price reduction may reflect market oversupply or increased inventory pressure, posing a generally bearish impact on spot prices.