1、 Price trend
According to the bulk list data of business cooperatives, the average price of 55% of domestic powdered monoammonium was 2883 yuan/ton on October 24, and the average price of 55% of domestic powdered monoammonium was 2883 yuan/ton on October 28. The price of monoammonium phosphate market was stable this week.
According to the bulk list data of business cooperatives, the average price of 64% of domestic diammonium phosphate market was 3700 yuan/ton on October 24, and the average price of 64% of domestic diammonium phosphate market was 3700 yuan/ton on October 28. The price of diammonium phosphate market was stable this week.
2、 Market analysis
The ammonium phosphate market ran smoothly this week, and the price did not fluctuate temporarily. The price of raw sulfur fell, the cost support weakened, and the operating rate of ammonium phosphate enterprises declined. The demand of downstream compound fertilizer enterprises is general, and raw materials are mainly purchased on demand. At present, the winter storage market of ammonium phosphate is weak, with limited demand, mainly on the sidelines. As of October 28, the ex factory quotation of 55 powdered ammonium in Hubei was 2900-3050 yuan/ton, the ex factory quotation of 55 powdered ammonium in Anhui was 3150 yuan/ton, the quotation of 55 powdered ammonium in Sichuan was 3100 yuan/ton, and the quotation of 73% monoammonium in Sichuan was 6200 yuan/ton, mainly based on actual negotiation. 64% of diammonium in Hubei Province quoted 3400-3500 yuan/ton, 64% of diammonium in Guizhou Province quoted 3500-3700 yuan/ton, and 64% of diammonium in Yunnan Province quoted 3650-4000 yuan/ton. The actual transaction was negotiated.
|Gamma-PGA (gamma polyglutamic acid)|
In terms of raw sulfur, the price of sulfur in East China fell this week. On October 28, the average price of sulfur in East China was 1350 yuan/ton, and the market was weak. The winter storage market performed generally, the downstream replenishment was not active, and the demand for sulfur was weak. Some sulfur refineries in Shandong were wait-and-see, and the sulfur market was consolidated and operated.
In terms of raw phosphorus ore, the domestic phosphorus ore market will be dominated by stable consolidation this week. The downstream demand of phosphate rock is generally weak, the demand side is generally supported, and the supply side supports the mentality of the industry. Near the end of the month, some mines were shut down, and the supply and demand of the site was relatively calm.
3、 Future market forecast
Ammonium phosphate analysts from the business community believe that the overall operating rate of ammonium phosphate has declined recently, the raw sulfur has fallen continuously, and the cost side support has weakened. Downstream is cautious to wait and see, and the turnover of new orders in the ammonium phosphate market is limited. It is expected that the ammonium phosphate market will be stable in the short term.