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    Home > Chemicals Industry > China Chemical > Liquid ammonia price slightly increased

    Liquid ammonia price slightly increased

    • Last Update: 2022-01-24
    • Source: Internet
    • Author: User
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      Sinochem New Network News After the New Year's Day, the domestic liquid ammonia market price rose slightly, and the quotations of some enterprises were raised by 50~100 yuan (ton price, the same below)
    .

      Industry analysts believe that there are three main reasons for the recent rise in liquid ammonia prices:

      First, it was driven by rising urea prices
    .
    After New Year's Day, the urea market changed from the previous decline and began to rise

    .
    Recently, agricultural fertilizer preparation in winter wheat planting areas has increased, and the operating rate of downstream large-scale compound fertilizer factories has recovered to more than 60%

    .
    In addition, melamine, wood-based panel factories, power plants and other industrial urea also remained basically stable

    .
    Driven by downstream demand, in the first week of January, the mainstream ex-factory quotation of urea was raised by 40~80 yuan, and the high price was raised by about 100 yuan

    .
    Urea and liquid ammonia are upstream and downstream, and the correlation is very strong.
    The increase in the urea market has also pushed the price of liquid ammonia higher

    .

      Second, the supply has decreased
    .
    The temporary troubleshooting of the ammonia plant of Hebei Tianyuan Chemical Co.
    , Ltd.
    , coupled with the limited outflow caused by the local epidemic, has tightened the short-term liquid ammonia market supply, and ammonia companies have a strong intention to increase the ex-factory price

    .

      Third, raw coal prices surged
    .
    On December 31, 2021, there was news from the international market that from January 1, 2022, Indonesia will ban the export of coal for one month due to the shortage of power supply

    .
    Indonesia is the world's largest coal exporter.
    In 2021, China's coal imports from Indonesia will account for 61.
    6% of the total imported coal

    .
    As soon as the news came out, the coal futures market opened up 6%, and the coal chemical market was restless

    .
    In China, most of the liquid ammonia production is based on coal, and this news also drives the bullish sentiment in the liquid ammonia market

    .

      For the market outlook, Jinlianchuang analysis believes that the short-term liquid ammonia market is still dominant, and the price tends to increase steadily with the mainstream of the market
    .
    However, as the Spring Festival holiday is approaching in China, according to the market trend in the same period of previous years, the price of liquid ammonia is expected to fall to a certain extent before the Spring Festival

    .

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