Price Trend
According to the data from the business associations’list, 55% of the market of powdered ammonium has been running steadily this week. The average price in domestic market is 2233 yuan/ton, the average price at the beginning of the week is 2233 yuan/ton, and the weekend price is 2233 yuan/ton.
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II. Market Analysis
Product: At present, the domestic ammonium market is operating steadily, the price is slightly lower than that of some manufacturers a year ago. At present, the starting rate of some manufacturers is generally low, the market demand is relatively flat, and the turnover of new orders is relatively small. At present, most enterprises are still mainly implementing the pre-order. At present, 55% of the mainstream ammonium powder factory quoted 2250-2450 yuan/ton in Hubei area, the overall stable operation; Henan market maintained stable operation, 55% of the ammonium powder factory quoted 2000 yuan-2200 yuan/ton, started smoothly, part of the factory inventory is temporarily unavailable, do not accept orders; 73% of the industrial ammonium ammonium factory quoted 4000-4200 yuan/ton in Sichuan area, most enterprises normal operation, normal receiving orders, normal delivery.
Industry chain: The price of upstream raw material phosphoric acid market is running steadily as a whole, the volume of new single transaction is general, the phosphate ore continues to resume mining, the supply increases, and the overall inventory is high. The demand for ammonium in downstream compound fertilizer enterprises is weakening, and the volume of new single transaction is less. Some areas are affected by environmental protection and other reasons.
3. Future Market Forecast
Ammonium phosphate analysts believe that the enterprise inventory pressure is still not effectively improved, even if the start-up rate remains low, but still not to a greater extent to ease the pressure. Monoammonium phosphate market may remain stable in the short term.
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