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Synthetic ammonia market trends in Shandong

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July 11, 2023, 2:08 PM
On July 11, mainstream cash transactions in the liquid ammonia market in Shandong reached 2,450 - 2,600 yuan/ton, a steady decline of 50-80 yuan/ton. Currently, shipments of large-scale enterprises are under pressure, and demand in the region has not changed yet. Peripheral supply has increased. Considering the pressure from the market outlook, some of them are currently actively reducing inventories and shipping mainly.