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[Synthetic ammonia] Synthetic ammonia market trends in Shandong

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October 20, 2023, 3:39 PM
On October 20, mainstream cash transactions in the liquid ammonia market in Shandong reached 3,350 - 3,600 yuan/ton, rising steadily by 50-100 yuan/ton. The failed enterprises in the area have not recovered yet, new and reduced enterprises have been added and stopped selling ammonia. The market atmosphere is good, and it will continue to support the market for a short time. However, some low-priced sources still need to be digested, and the market atmosphere becomes more cautious.