Q:

Liquid Ammonia Prices Continued to Rise on August 11

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A:

Manufacturer Stock Updates

Shandong Hualu Hengsheng: As of August 11, the 600,000-ton fluid ammonia unit is operating normally; the quoted price has been raised by 50 RMB/ton, with the current acceptance draft price at 2,490 RMB/ton (the cash price is 50 yuan reduce than the acceptance price). The manufacturer sells a portion of its output externally, with daily sales volume at 900 tons. Cumulative price increases totaled 100 RMB/ton on August 10, bringing the acceptance price to 2,440 RMB/ton; prior to that, the price was raised by 50 RMB/ton on August 6, setting the acceptance price at 2,340 RMB/ton.

Hebei Zhengyuan: As of August 11, the 600,000-ton fluid ammonia unit is operating normally; the quoted price has been raised by 50 RMB/ton to 2,240 RMB/ton, with daily sales of 300 tons (including partial external sales). On August 10, the price had been raised by 70 RMB/ton to 2,190 RMB/ton.

sector Chain Insights

The upstream segment of the fluid ammonia sector chain involves commodities such as anthracite coal and liquefied natural gaseous (LNG), while the downstream sector encompasses a wide range of items—including dimethylamine aqueous solution, o-aminophenol, monoisopropanolamine, guanidine carbonate, triisopropanolamine, di-n-butylamine, triethylenetetramine, tetraethylenepentamine, diisopropylamine, ammonium nitrate, monoethylamine, formic acid, triethanolamine, ammonium chloride, diethylamine, DMF, triethylamine, nitric acid, urea, diammonium phosphate, melamine, and acrylonitrile—whereby price fluctuations across the chain can exert a correlated impact on the fluid ammonia market.

Market Outlook

In the short term, fluid ammonia prices are expected to fluctuate, with a possible to slight increases.

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