As far as a true liquid explosive, nitroglycerin is the only one I can think of that has enough 'punch' as a detonating explosive.
Extremely unstable and prone to spontaneous detonation, it has to be cooled to near freezing (Approx. 40*F) to make it stable enough to handle.
Transport would have to be in some thermos type of vessel and that should be easy to spot.
'Liquid based' explosives, on the other hand, a binary mixture is believable, and these are well documented.
Easiest one would be the ANFO type bomb, like is used commercially for routine mining operations - Ammonium Nitrate & Fuel Oil.
Just like the crude combination that was used in the Oklahoma City bombing by McVeigh.
All you are trying to do is breech the cabin's pressure intregrity at altitude, and let explosive decompression of the cabin rupture
kill and maim the passengers and flight crew - you don't survive long at altitude when the temperature is -73*F & there's no breathable air.
Even at that, it doesn't even have to be an explosion, all you need is a fire in the cabin to bring it down.
Three examples of 'In-Flight Cabin Fires'
1) Value-Jet, Oxygen Canisters in Cargo Bay
2) Saudi Air, Cookstove to Make Tea in Cabin
3) Swissair, Electrical Fire in Entertainment System
Doesn't even need to explode,
or . . . oh, what the hell . . a box of snakes.