1、 Price trend

According to the data of the Business News Agency, the average market price of 55% of powdered monoammonium phosphate in China was 3317 yuan/ton on February 13, and the average market price of 55% of powdered monoammonium phosphate in China was 3310 yuan/ton on February 20. The market price of monoammonium phosphate fell 0.23% this week.

According to the data of Business News Agency, the average market price of 64% of diammonium phosphate in China was 4010 yuan/ton on February 13, and the average market price of 64% of diammonium phosphate in China was 3975 yuan/ton on February 20. The market price of diammonium phosphate fell 0.87% this week.

2、 Market analysis

The price of monoammonium phosphate fell this week. On Monday, the market demand for ammonium was sluggish, the purchasing enthusiasm of downstream compound fertilizer enterprises was reduced, and the new orders were less traded. At present, the operating rate of monoammonium enterprises has increased and the market supply has increased. As of February 20, the market price of 55 powdered ammonium in Hubei was about 3300 yuan/ton, the ex-factory price of 55 powdered ammonium in Henan was about 3250 yuan/ton, and the market price of 55 powdered ammonium in Sichuan was about 3250-3400 yuan/ton, which was mainly based on actual negotiation.

This month, the price of diammonium phosphate was put into operation. The price of raw phosphate rock is high and the cost support is strong. The supply of diammonium chloride was tight and the price remained firm. Most manufacturers suspend the receipt of orders and mainly issue advance orders and foreign orders. As of February 20, the 64% market price of diammonium chloride in Hubei was about 3800-3850 yuan/ton, and the 64% market price of diammonium chloride in Shandong was about 4000-4150 yuan/ton, and the actual deal was negotiated.

In terms of raw sulfur, the price of sulfur in East China fell first and then rose this week. Domestic refinery units operate normally, the supply of goods in the market is stable, the enthusiasm of the downstream to take goods is not good at the beginning of the week, and the manufacturer’s inventory is sufficient. In order to stimulate the shipment, the sulfur price is reduced, the downstream procurement is increased at the end of the week, and the enterprise’s shipment is stable. Some manufacturers raise their prices according to their own inventory, and the overall price fluctuation during the week is not large.

In terms of raw phosphorus ore, the overall high level of the phosphorus ore market this week was relatively strong. This week, the domestic market price of 30% grade phosphate ore is around 1050-1100 yuan/ton, and the price of 28% grade phosphate ore is around 950-980 yuan/ton. The reference price of 32% grade phosphate ore is around 1180-1250 yuan/ton.

3、 Aftermarket forecast

According to the ammonium phosphate analyst of the business agency, the market demand for ammonium phosphate is poor at present, and the transaction on the market is weak. At present, the supply of monoammonium is more than demand in the market, and the price of monoammonium is expected to continue to decline in the short term. The supply of diammonium phosphate is still tight, and it is expected that diammonium phosphate will be mainly consolidated and operated in the short term.