According to the customs department, in October 2025, China's liquid ammonia exports reached 64,200 tons, marking a significant increase of 286.75% month-on-month. The export price per unit was $383.27, up by 1.68% from the previous month. PriceSeek analyzes liquid ammonia, assigning a bullish rating of 1.5. The reason is that the data indicates that in October 2025, there was a substantial rise in liquid ammonia exports, with an increase of 286.75% to 64,200 tons, and the export price per unit rose by 1.68%, reaching $383.27. This indicates strong international demand, which could lead to reduced domestic supply and push up the spot price of liquid ammonia. The overall demand-pull effect is significant, highlighting positive factors but with smaller price increases, thus the rating is considered above average bullish.