At the beginning of the week (2.17), according to the monitoring of the business agency, the market of liquid ammonia in China was slightly lower than that at the end of last week, most of which were lower than that at the end of last week. Some enterprises in the northern region were slightly lower, but the range was not large, at 50-100 yuan / ton. According to the monitoring of the business agency, today’s drop of liquid ammonia was 0.64%, which was 5% lower than that at the beginning of last week. However, compared with the year before, the drop of liquid ammonia price was obvious, generally 500%- 600 yuan / ton, down more than 8.5%, mainly because on the one hand, affected by the epidemic situation, the start-up of enterprises was generally delayed after the year, although the start-up rate of liquid ammonia manufacturers remained stable, but the dealers’ return rate was not high, the market entered a window period, and generally fell into a state of closure. On the other hand, at present, transportation is still the primary problem that plagues the industry, liquid ammonia transportation also entered a bottleneck period, long-distance high-speed transportation Due to the limited transportation and the superposition of multiple factors, the liquid ammonia still hasn’t got rid of the weak situation. The quotation of enterprises in Shandong and Hebei, the main production area, has been continuously lower. On February 17, some manufacturers still made a downward move, but the range has been narrowed. The mainstream quotation in Shandong is 2500-2550 yuan / ton.

At the beginning of the week, the liquid ammonia in North China also remained stable. The lack of demand led to the slow delivery of liquid ammonia, which was converted to urea to control the ammonia volume. The inventory pressure of the enterprise was slightly relieved, but at present, there are many downstream stoppages, and the transportation was blocked. Last week, the price fell by about 100 yuan, which was temporarily stable at the beginning of the week. The main quotation in North China was 2500-2600 yuan / ton up and down.

In Hebei Province, at the beginning of the week, the quotation of some liquid ammonia manufacturers was slightly lower, with a range of 50 yuan / ton. On the one hand, the production and transportation problems were relatively serious, and the production and sales were not prosperous. On the other hand, the pressure of environmental protection was still not negligible, which led to limited production and shutdown of enterprises. Especially, the downstream dealers were generally closed, the inventory of enterprises could not be cleared in time, there were many inventories, and the price was mainly down The main quotation is 2530-2600 yuan / ton.

Last week, the market in Central China mainly declined, and it gradually stabilized at the beginning of this week. The shipment pressure in Hubei is significantly higher than that before the festival. Transportation is the most difficult area. Part of Henan Province is affected by environmental protection pressure, and the price yield is more. At present, the liquid ammonia market is shrouded in a negative atmosphere and weak operation. The mainstream quotation in Henan is 2450-2550 yuan / ton. In addition, the northwest region is not smooth, and the enterprise quotation has dropped to 2400 yuan / ton.

From the perspective of the future market, the business community believes that the current market remains weak adjustment, and the manufacturer’s operating rate increases, but the poor sales lead to the increase of inventory, and the enterprise’s quotation mainly goes down. Most enterprises have room for profit. It is expected that many of the later units will be converted to urea production, and the liquid ammonia inventory pressure may be eased to a certain extent. In addition, with the advent of the spring farming season, the downstream nitrogen fertilizer production will be expanded Zhang, it is expected that the short-term market will be stable and the medium-term price will rebound.