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Synthetic ammonia market trends in Shandong

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May 16, 2023, 1:58 PM
On May 16, the mainstream cash transaction price in the liquid ammonia market in Shandong Province stabilized at 2,750 - 3,050 yuan/ton, rising steadily by 100-200 yuan/ton. The supply and demand atmosphere has improved. Under the expectation of later maintenance such as Mingshui and Shangang, ammonia companies have arrived in good condition, and the surrounding markets have also followed the market. Zhengyuan in Cangzhou has stopped and continues to test for higher operations in a short period of time.