March 5th Update
On March 5th, Shandong Hualu Hengsheng's 600,000-ton liquid ammonia plant is operating normally. Today's quoted price has been lowered by 30 yuan, with the current quoted price at 2,350 yuan/ton on acceptance basis, and a cash price discount of 50 yuan. The manufacturer partially sells externally, with a daily sales volume of 900 tons.
Chempricehub Analysis of Liquid Ammonia
Bull-Bear Score: -1
Reason: Shandong Hualu Hengsheng's liquid ammonia quoted price has been lowered by 30 yuan to 2,350 yuan/ton on acceptance basis. The plant is operating normally with a daily sales volume of 900 tons. The price reduction reflects ample market supply or weak demand, exerting downward pressure on spot prices. This is assessed as a generally bearish influence, likely due to inventory pressure or intensified competition leading to price weakness.