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Recently the ammonia market once again refreshed the market record, catered to the National Day holiday cheerful atmosphere, the mainstream market prices continued to soar.
After a National Day holiday, although the market was restricted by high-speed freight transportation slightly unfavorable, but the early manufacturers to clear inventory to low levels, only a few manufacturers slightly lower price adjustment, negative impact is not big, the overall market mainstream overstated stability. In the later period, the good performance of the liquid ammonia directly affected the price rise of liquid ammonia.
Good news: During the National Day, urea bidding information came one after another, high price of the tender to stimulate the domestic urea market atmosphere, as of October 9, Shandong urea mainstream prices to 2180-2200 yuan / ton. For synthetic ammonia products, first, the high price of urea downstream, supporting the mainstream of liquid ammonia market, downstream trade is more positive; second, the urea market atmosphere is optimistic, manufacturers have no plans to switch to synthetic ammonia, in order to prevent the increase in supply.
Good profit two: part of the initial bidding price of ammonia enterprises is on the high side. During the National Day period, the manufacturers send pre-tender contracts, although the high-speed transport is not smooth, but the manufacturers send local users and pre-orders, the overall situation is still acceptable, inventory has not significantly improved.
Good profit three: partial ammonia plant failure, partial supply reduced. In addition, it is reported that Shandong Hualu Hengsheng October 8 evening announcement, the company's 500,000 tons / year ethylene glycol project production plant recently opened up all the processes, to 70% load stable operation, the production of high-quality products, into the trial production stage. At present, the manufacturers are producing and debugging. Later, the sales volume of ammonia is reduced.
Good profit: Four: the profit margin of methanol products is better. After the festival, the domestic methanol market was dominated by wait-and-see, futures rose sharply to 3328 yuan / ton, boosting the spot market, and port prices moved up. As market operators gradually resumed operation, the market activity increased accordingly.
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