1、 Price trend
| Chitosan oligosaccharide |
According to the Commodity Market Analysis System of the Business Society, the average market price of 55% powdered ammonium phosphate in China on September 8th was 3116 yuan/ton. On September 14th, the average market price of 55% powdered ammonium phosphate in China was 3100 yuan/ton. This week, the market price of monoammonium phosphate decreased by 0.53%.
According to the Commodity Market Analysis System of Business Society, the average market price of 64% diammonium phosphate in China on September 8th was 3875 yuan/ton. On September 14th, the average market price of 64% diammonium phosphate in China was 3875 yuan/ton. This week, the market price of diammonium phosphate remained stable.
2、 Market analysis
This week, the high price of ammonium phosphate market has been sorted and operated. The price of raw material phosphate rock has increased, the price of raw material sulfur has decreased, and the cost side is mixed. The market price of ammonium phosphate has undergone a narrow adjustment, with fewer new orders in the market and a decrease in downstream procurement enthusiasm. Holders are actively shipping, and the market trading atmosphere has weakened. As of September 14th, the market price of 55 powdered ammonium in Henan region is around 3100 yuan/ton, while the market price of 55 powdered ammonium in Hubei region is around 3050-3100 yuan/ton, with actual negotiations being the main focus. The quotation for 64% ammonium chloride in Shandong region is around 3750-4000 yuan/ton, and the actual transaction is negotiated.
| Gamma-PGA (gamma polyglutamic acid) |
In terms of raw sulfur, the domestic sulfur market has shown a downward trend this week. Downstream demand slows down, market trading atmosphere weakens, market mentality is poor, and refinery shipments are not smooth. As of September 14th, the reference average price of sulfur in East China is 1090 yuan/ton.
In terms of raw material phosphorus ore, the domestic mid to high-end grade phosphorus ore market has seen an overall upward trend this week. The downstream demand for domestic phosphate ore is gradually recovering, and with demand boosting, the phosphate ore industry has a good mentality. The supply of mid to high-end grade ore in phosphate rock yards is tight, and spot circulation is tight. With the support of both supply and demand sides, the focus of the phosphate ore market has been constantly moving upwards in recent days.
3、 Future Market Forecast
According to analysts from the Business Society’s ammonium phosphate market, the trading atmosphere in the ammonium phosphate market has weakened recently, and prices have been operating at high levels. At present, there is a decrease in new orders in the market and a weakening in demand, with the main focus being on pending orders, but there is still support on the cost side. It is expected that the short-term price of ammonium phosphate will be mainly managed within a narrow range.
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