Price Trend
According to the data of business associations, the domestic market price of monoammonium phosphate rose slightly this month. The average price of powder ammonium at the beginning of the month is 2183 yuan/ton, and at the end of the month it is 2200 yuan/ton. The price has risen by 0.76%.
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According to the monitoring data of business associations, the domestic market price of diammonium phosphate fell this month. The average price of 64% diammonium granule was 2616 yuan/ton at the beginning of the month, and 2500 yuan/ton at the end of the month. The price dropped by 4.46%.
II. Market Analysis
Monoammonium: The domestic market for powdered monoammonium is flat. Prices rose slightly at the beginning of the month, then remained stable until the end of the month. Anhui 55% ammonium powder factory quoted 2100 yuan – 2200 yuan / ton, smooth start. In Hubei province, 55% of ammonium powder is quoted at about 2050 yuan/ton, while 60% of ammonium powder is quoted at 2250-2350 yuan/ton, which maintains stable operation as a whole. Henan market maintained stable operation, 55% of ammonium powder factory quoted 2100 yuan / ton, and started smoothly. The price of 55% ammonium powder in Shandong province is 2100-2200 yuan/ton, which is stable. Sichuan province 55% ammonium powder factory quoted about 2050 yuan/ton. The overall starting rate of Monoammonium enterprises is about 50%.
| Thiourea |
Diammonium: The domestic diammonium market is weak. Prices fell at the beginning of the month and then remained stable until the end of the month. At present, 64% of diammonium in Hubei province is offered 2450-2550 yuan per ton, 64% of diammonium in Shandong is offered 2400-2500 yuan per ton, and 64% of diammonium in Yunnan and Guizhou is offered 2500 yuan per ton. The overall starting rate of diammonium enterprises is about 50%. Domestic diammonium exports have decreased significantly compared with last year.
Industry chain: upstream domestic phosphoric acid enterprises started stable, spot supply is tight, due to the rise of yellow phosphorus, phosphoric acid holders high offer, began to fall at the end of the month. Domestic sulphur market prices have fallen sharply and the market is weak. Domestic phosphorus ore market trend was slightly shocked and slightly downgraded. The domestic liquid ammonia market is stable and shaking, and the market is gradually stabilizing. Downstream compound fertilizer enterprises are cautious in taking goods and keeping a wait-and-see attitude.
3. Future Market Forecast
| Magnesium sulphate |
Analysts of Ammonium Phosphate, a business association, believe that the price of Monoammonium is strong because of its predecessor orders. A small number of downstream compound fertilizer enterprises follow-up orders, most of them are cautious and wait-and-see attitude. The ammonium market may remain stable in the short run. Diammonium from the demand point of view, is now the off-season of diammonium, the market is weak, the demand is small. The international market continues to be depressed and trading is flat. The price of raw materials was lowered, the demand was weak and the export was difficult, which led to the price reduction. It is expected that the price of diammonium will remain weak and stable in the later period.