May 20 News – On May 20, Hebei Zhengyuan's liquid ammonia plant is operating normally. The manufacturer raised its quotation by 20 RMB/ton today to 2,140 RMB/ton. The plant sells part of its output externally, with daily sales of 300 tons. The plant's liquid ammonia capacity is 600,000 tons.
Chempricehub Analysis on Liquid Ammonia – Bullish/Bearish Rating:
Spot Market: Hebei Zhengyuan's 600,000-ton liquid ammonia plant is operating stably. The manufacturer increased its quotation by 20 RMB/ton to 2,140 RMB/ton today. A portion of the supply is sold externally, with daily sales reaching 300 tons, indicating smooth offtake. This provides supportive fundamentals for spot liquid ammonia prices. A strong performance is expected in the near term.
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