I. price trend
According to a large number of data in the list of business agencies, the market price of diammonium phosphate in China has remained low recently. Up to now, the average ex factory price of 64% diammonium on November 13 is 2335 yuan / ton, down 1.34% compared with November 1 (2366.67). On November 12, DAP commodity index was 69.65, down 0.6 points from yesterday, a record low in the cycle, down 32.37% from 102.98, the highest on October 8, 2011. (Note: cycle refers to 2011-09-01 to now)
| ferric sulfate (Poly ferric sulphate) |
II. Market analysis
Product: the market of DAP in China is weak, and the market is in a downturn. At present, 64% of mainstream diammonium in Hubei Province offers 2250-2450 yuan / ton, 64% of mainstream diammonium in Shandong Province 2300-2500 yuan / ton, 64% of mainstream diammonium in Yunnan Guizhou Province 2350-2500 yuan / ton, and 64% of mainstream diammonium in Anhui Province 2400 yuan / ton.
Industrial chain: at present, the phosphorus ore market as a whole is stable, with a large inventory pressure and a small amount of procurement in the downstream. The price of domestic sulfur market continues to fall, with the market dominated by negative sentiment, which is more likely to continue to fall. The domestic liquid ammonia market is mainly in decline. In the short term, the market is not very optimistic, and the focus of insufficient trading moves down. About 50% of diammonium was started and some enterprises were overhauled.
Industry: according to the price monitoring of the business agency, there are 11 kinds of commodities in the rise and fall list of bulk commodity prices on November 12, 2019, among which the top three commodities are mixed xylene (2.39%), chloroform (2.16%) and epichlorohydrin (2.05%) There are 17 kinds of commodities decreased on a month on month basis, and the top three products were aniline (- 4.07%), titanium dioxide (- 2.53%) and acetic anhydride (- 2.00%). The average price of this day was – 0.12%.
| Azodicarbonamide (AC foaming Agent) |
III. future forecast
Analysts of diammonium phosphate of the business association believe that the market price of diammonium raw materials has fallen, the market demand is insufficient, the industry has a strong wait-and-see attitude, and enterprises take more goods on demand. With the coming of the conference, we look forward to the good news. It is expected that the weak market of diammonium phosphate will be sorted out in the later stage, and it is suggested to pay attention to the real-time market trends of phosphorus chemical industry.
| EDTA |