On December 3rd, the Hebei Zhengyuan ammonia unit operated normally, with the factory's today's quote adjusted by 30 yuan to 2410 yuan/ton. The factory partially exports, selling 300 tons daily. The factory's ammonia unit has a capacity of 600,000 tons. PriceSeek analyzes ammonia, giving a short-term rating of -1: The normal operation of the Hebei Zhengyuan ammonia unit, along with today's price adjustment to 2410 yuan/ton, indicates that there is ample market supply (with daily sales of 300 tons and a production capacity of 600,000 tons) or weak demand, leading to pressure on spot prices. The signal of price cuts reflects a short-term risk of oversupply in the market, favoring bearish sentiment for the current spot prices of ammonia, and it is expected to further suppress market conditions.
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