On January 4th, the liquid ammonia plant of Hebei Zhengyuan operated normally. The manufacturer lowered its quotation by 30 yuan today, with the current quotation at 2,290 yuan/ton. The manufacturer partially sells externally, with a daily sales volume of 300 tons. The manufacturer's liquid ammonia plant has a capacity of 600,000 tons. PriceSeek analysis of liquid ammonia, long-short score: -1. Hebei Zhengyuan's liquid ammonia quotation decreased by 30 yuan to 2,290 yuan/ton, indicating sufficient supply or weak demand in the short term, which is bearish for spot prices. Although the plant operates normally with daily sales of 300 tons, the price reduction reflects market pressure and may exacerbate the downside risk of spot prices.