1、 Price trend

According to the data of the bulk list of business society, the average market price of 55% powdered monoammonium phosphate was 3466 yuan / ton on August 22, and the average market price of 55% powdered monoammonium phosphate was 3433 yuan / ton on August 26. This week, the price of monoammonium phosphate fell by 0.96%.

According to the data of the trade agency’s bulk list, on August 22, the average market price of 64% diammonium phosphate was 4425 yuan / ton, and on August 26, the average market price of 64% diammonium phosphate was 4350 yuan / ton. This week, the price of diammonium phosphate fell by 1.69%.

2、 Market analysis

This week, the market price of ammonium phosphate continued to fall, and the trend continued to be weak. Although the price of raw sulfur increased slightly, the transaction of ammonium phosphate market was cold. The high level of raw phosphate rock is stable, and the cost support is acceptable. The operating rate of the downstream compound fertilizer enterprises rebounded, and the raw material monoammonium was still mainly purchased on demand. The domestic demand for diammonium is weak, the market performance is weak, and a small amount of downstream purchases are made. At present, most of the manufacturers of ammonium phosphate still suspend their quotations, and the dealers’ quotations are chaotic, and most of them are sold at reduced prices. This week, the factory price of 55% powdered monoammonium in Hubei is 2850-3000 yuan / ton, the market price of 55% powdered monoammonium in Sichuan is 3000-3650 yuan / ton, and the market price of 73% powdered monoammonium in Sichuan is about 6300 yuan / ton. The actual transaction is negotiated. This week, the factory price of 64% diammonium in Hubei is about 4050 yuan / ton, the market price of 64% diammonium in Yunnan is 4200-4600 yuan / ton, and the market price of 64% diammonium in Guizhou is 4150-4300 yuan / ton. The actual transaction is negotiated.

In terms of raw sulfur, the price of sulfur increased slightly this week. On August 26, the reference price of sulfur in East China was 1170 yuan / ton. The mainstream price of solid sulfur in Shandong is about 1170-1290 yuan / ton, and the mainstream price of liquid sulfur is 1020-1150 yuan / ton. The quotation is for reference only, and the actual transaction price shall prevail. The downstream support for sulfur is insufficient, the local refinery’s shipment is acceptable, the inventory is rational, the operators’ mentality is mainly wait-and-see, and the short-term sulfur market is temporarily stable.

In terms of raw phosphorous ore, the domestic phosphorous ore market has been consolidated at a high level this week. As of August 26, the market price of 30% grade phosphorus ore in China is around 1050-1100 yuan / ton, and the specific price is also related to factors such as the ratio of powder to block. The specific price is a single negotiation. The market price of 28% grade phosphorus ore is around 850-980 yuan / ton, and the specific price is a single negotiation. At present, the market of phosphate rock quarry is light, and the downstream purchase is moderate, and the transaction is generally general.

3、 Future forecast

The phosphate ammonium analyst of the business community believes that the recent raw material market has been adjusted slightly, and the cost support is acceptable. However, the terminal demand is weak, the market atmosphere is cold, and the on-site trading volume is not good. It is expected that the price of ammonium phosphate will continue to be weak in the short term.