1、 Price trend
According to the data of the business club’s block list, the average ex factory price of powdered monoammonium was 2560 yuan / ton on March 10, and 2483.33 yuan / ton on March 1, up 3.09% in early March and 20.94% year-on-year.
According to the data of the business club’s block list, on March 10, the average ex factory price of 64% diammonium was 2900 yuan / ton, and on March 1, the average ex factory price of 64% diammonium was 2900 yuan / ton.
2、 Market analysis
That is to say, after the surge in February, in March, map still showed a steady rising trend, but the rise narrowed. In the first ten days of March, sulfur rose by more than 8%, cost support was strong, the price of monoammonium phosphate rose, downstream demand was stable, and replenishment was on the low end. However, at present, the main manufacturers issued orders, domestic orders were not sold much, the sales pressure of the industry was not big, the price support sentiment was still high, and there were many enterprises stopping orders and reporting. Anhui Province 55% ammonium powder factory offer 2450-2460 yuan / ton. The ex factory quotation of 55% powdered ammonium in Hubei Province is 2400-2500 yuan / ton. The price of 55% ammonium powder in Henan Province is about 2500-2700 yuan / ton. The price of 55% ammonium powder in Sichuan is about 2450 yuan / ton.
In the first ten days of March, diammonium phosphate kept stable operation. Most of the enterprises issued export orders and received limited domestic orders. The market supply was tight. In spring farming season, the demand side was strongly supported. Under the situation of supply less than demand, diammonium phosphate had a strong trend, and the price was easy to rise but difficult to fall. In Hubei Province, 64% of diammonium enterprises stopped reporting, while in Gansu Province, 64% of diammonium enterprises offered 2800 yuan / ton. The price of 64% diammonium in Yunnan is 3300-3400 yuan / ton. In Guizhou, 64% diammonium is priced at 3250-3350 yuan / ton, while in Heilongjiang, 64% diammonium is priced at 3350 yuan / ton.
In terms of raw materials, on March 10, the domestic sulfur market was temporarily stable, and the sulfur price was high. At present, the inventory of refineries in various regions of China was low, the supply of goods in the yard was tight, and the downstream phosphate fertilizer export market continued to improve. In addition, the domestic spring ploughing fertilizer was approaching, which was good for the sulfur market. The future sulfur market maintained a high level, and the downstream follow-up situation was concerned.
3、 Future forecast
Analysts of Business News Agency for ammonium phosphate believe that at present, the cost support is strong. The rising prices of raw material sulfur and phosphate rock support the rise of ammonium phosphate Market. The fertilizer market is in the peak season of sales, and the downstream demand is increasing. Multiple advantages lead to the rising price of ammonium phosphate. It is expected that in the short term, the rise of ammonium phosphate will be delayed and the operation will be stable
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