On May 14, Shandong Hualu Hengsheng's 600,000-ton liquid ammonia plant is operating normally. The quotation has been reduced by 100 yuan today, now at 2,400 yuan/ton on acceptance basis, with a cash price 50 yuan lower. The plant has partial external sales, with a daily sales volume of 900 tons.
Chempricehub's assessment of liquid ammonia: Bullish/bearish rating: -1. Shandong Hualu Hengsheng's 600,000-ton liquid ammonia plant is running stably with ample supply. This quotation reduction of 100 yuan/ton and weakening spot prices exert a generally bearish impact on the liquid ammonia market.
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