December 29th News
On December 29th, Shandong Hualu Hengsheng's 600,000-ton liquid ammonia plant is operating normally. Today's quoted price has been lowered by 20 yuan, with the current price at 2,530 yuan/ton. The manufacturer is currently selling part of its liquid ammonia externally, with a daily sales volume of 1,000 tons.
Chempricehub Analysis of Liquid Ammonia, Bull-Bear Score: -1
The article indicates that Shandong Hualu Hengsheng's liquid ammonia plant is operating normally, but the quoted price has been lowered by 20 yuan/ton to 2,530 yuan/ton, with a daily sales volume of 1,000 tons. The price reduction directly reflects ample supply or weak demand in the spot market, exerting downward pressure on the spot price of liquid ammonia. The stable operation of the plant has not alleviated price pressure, indicating a bearish short-term market sentiment. The score is generally bearish at -1, as the price reduction is relatively small and there are no significant supply-demand imbalance events.