May 19 News
On May 19, Shandong Hualu Hengsheng’s 600,000-ton liquid ammonia plant is operating normally. Today, the price was raised by 20 yuan/ton, with the current ex-works price quoted at 2,420 yuan/ton on acceptance basis, and a cash price of 50 yuan/ton lower. The producer has part of its output available for external sale, with a daily sales volume of 900 tons.
Chempricehub Analysis on Liquid Ammonia, Bullish/Bearish Rating: 1
Shandong Hualu Hengsheng is a key domestic producer of liquid ammonia. Its 600,000-ton liquid ammonia plant is currently operating normally. The ex-works price was raised by 20 yuan/ton today to 2,420 yuan/ton on acceptance basis. The producer has some external sales, with daily sales reaching 900 tons. The price increase by the company provides positive support to the spot price of liquid ammonia, making the overall outlook slightly bullish.
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