In October, the domestic liquid ammonia market performance was sluggish and the price fell. At the end of the month, some regions recovered slightly. According to the monitoring of the business agency, the drop of the liquid ammonia Market in Shandong was 1.32%, the overall market atmosphere was relatively low, and the market expectation for the later period was low.

In terms of supply, the overall supply of liquid ammonia Market in October was loose, and the unit operating rate of the enterprise was slightly higher. The staggered peak and limited production in Shanxi Province and limited transportation in Wuhan, Hubei Province lead to the tight supply of liquid ammonia in some regions. However, the start-up of other liquid ammonia enterprises is still at a high level. As the liquid ammonia plant in Hubei Province enters the recovery period in the middle and late ten days, the price of liquid ammonia has declined. In addition, in the near future, manufacturers in Anhui Province have maintenance plans. In the next month, the operating rate of liquid ammonia enterprises will be reduced, and the local liquid ammonia market may pick up, but nationwide, the overall trend of liquid ammonia is still not optimistic.

In terms of demand, the demand for liquid ammonia in October is relatively weak. First of all, the downstream operating rate remains low, and under the double pressure of environmental protection and safety, the operating rate of some chemical enterprises continues to be low, and the sales progress of compound fertilizer enterprises is slow, and the production enthusiasm is not high, especially when small and medium-sized compound fertilizer enterprises stop production or reduce production. The purchase volume of raw liquid ammonia is very high In the aspect of phosphate fertilizer, the demand of phosphate compound fertilizer has entered the window period, the fertilizer land in autumn market has gradually shrunk, some enterprises have stopped for maintenance, and the demand for liquid ammonia has shrunk. At the same time, Hubei Province, which accounts for 40% of the production capacity of phosphate fertilizer enterprises, is partly affected by the military games and has a large production limit.

In the future, the business community believes that the liquid ammonia market may continue to maintain a weak position in the short term, mainly affected by the weak demand in most regions, resulting in overstocking of inventory. The recent market does not exclude the possibility of continuing to explore low.