Price Trend
According to the data of business associations, the domestic market price of monoammonium phosphate remained stable this week. The average price of powder monoammonium is 2150 yuan/ton at the beginning of the week and 2150 yuan/ton at the end of the week, which is 2.27% lower than that of August 1 (2200.00).
According to the data of business associations, the domestic market price of diammonium phosphate dropped slightly this week. The average price of 64 diammonium granules was 2500 yuan per ton at the beginning of the week, and 2476 yuan per ton at the end of the week, down by 0.93%. Compared with August 1 (2500.00), it decreased by 0.93%.
| PVA 0599 (PVA BF05) |
II. Market Analysis
Monoammonium: The domestic market for powdered monoammonium is cold and stable. Anhui province 55% ammonium powder factory quoted 2000 yuan – 2150 yuan / ton, smooth start. In Hubei, 55% of ammonium powder is quoted at about 2050 yuan/ton, while 60% of ammonium powder is quoted at 2150-2250 yuan/ton. Henan market maintained stable operation, 55% of ammonium powder factory quoted 2100 yuan / ton, and started smoothly. The price of 55% ammonium powder in Shandong province is 2050 yuan-2150 yuan/ton, which is stable. Sichuan province 55% ammonium powder factory quoted about 2050 yuan/ton. The new orders of monoammonium phosphate Market are insufficient to follow up, and the overall trading atmosphere is cold.
Diammonium: Demand for domestic diammonium is sluggish. It is now in the stage of horizontal consolidation. At present, 64% of diammonium in Hubei province is offered 2450-2550 yuan per ton, 64% of diammonium in Shandong is offered 2400-2500 yuan per ton, and 64% of diammonium in Yunnan and Guizhou is offered 2500 yuan per ton. The market of diammonium phosphate started slowly in autumn, and the market demand at home and abroad was insufficient.
Industry chain: Domestic phosphoric acid market prices continue to fall, ending the rising tide. Domestic sulphur market prices fell, lack of information guidance, refineries in all regions continued to lower prices. Phosphate ore market is weak and stable, the overall market has little change, and the turnover is general. Domestic liquid ammonia market has not changed much and its performance is stable. Downstream compound fertilizer enterprises take goods on demand, the market is still weak, and the autumn fertilizer market starts slowly.
| PVA |
Industry: According to the price monitoring of business associations, in the 33rd week of 2019 (8.19-8.23), the price of phosphorus chemical industry rose or fell by 0 commodities, 2 commodities fell, and 3 commodities rose or fell by 0. The main commodities falling were phosphoric acid (-3.23%) and diammonium phosphate (-0.93%). In the 33rd week of 2019 (8.19-8.23), there were 1 commodity rising in the list of fertilizer prices, 3 commodities falling, and 5 commodities rising or falling to 0. The main commodities rising were liquid ammonia (0.31%) and falling were ammonium sulfate (-1.54%), diammonium phosphate (-0.93%) and potassium sulfate (-0.81%).
3. Future Market Forecast
Ammonium phosphate analysts believe that ammonium prices remained stable on Monday and raw material prices continued to fall. Although the autumn market is approaching, downstream fertilizer companies are not willing to take delivery. Ammonium market prices are expected to stabilize or decline in the short term. The disadvantaged market of diammonium has been consolidated and turned to the weak domestic market. It is expected that the market price of diammonium will continue to be weak in the later period, and cautious operation is recommended.
| POLYVINYL ALCOHOL |