“Cold winter” for phosphate fertilizer in autumn (10.1-10.29)

I. price trend

 

According to the data in the business club’s bulk list, the market price of monoammonium phosphate in China fell in October. On October 1, the average ex factory price of powdered monoammonium was 2066 yuan / ton, and on October 29, the average ex factory price of powdered monoammonium was 1966 yuan / ton, down 4.84%.

 

According to the data in the business club’s bulk list, the market price of DAP in China was lowered in October. On October 1, the average ex factory price of 64% diammonium was 2416 yuan / ton, and on October 29, the average ex factory price of 64% diammonium was 2366 yuan / ton, down 2.07%.

 

II. Market analysis

 

Monoammonium: the domestic powdered monoammonium market was weak in October. The factory quotation of 55% powdered ammonium in Anhui Province is 1850-2050 yuan / ton, and the commencement is stable. In Hubei Province, the ex factory price of 55% powdered ammonium is about 1900 yuan / ton, and that of 60% mainstream powdered ammonium is 2000-2100 yuan / ton. The market in Henan Province has maintained stable operation, and 55% of ammonium powder has been quoted at about 1850 yuan / ton, with stable start-up. The ex factory quotation of 55% powdered ammonium in Shandong Province is 2000-2050 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 1950 yuan / ton.

 

PVA 0599 (PVA BF05)

Diammonium: in October, the market situation of diammonium phosphate in China was worrying, and the market demand was insufficient. At present, 64% of the mainstream of diammonium in Hubei Province offers 2300-2450 yuan / ton, 64% of the mainstream of diammonium in Shandong Province 23050-2500 yuan / ton, 64% of the mainstream of diammonium in Yunnan Guizhou Province 2400-2500 yuan / ton, and 64% of the mainstream of diammonium in Anhui Province 2400 yuan / ton.

 

Industrial chain: the demand of raw sulfur market is weak and unchanged, the high level of port inventory consumption is slow, the market is quiet, the negative mood is obvious, the atmosphere of on-site negotiation is cold, and the industry is mainly waiting for the future. The phosphorus ore market continues to be weak and stable, and the high-end quotations of local mining enterprises may be slightly reduced. The overall trading atmosphere in the field is weak, and the center of gravity in the field has a downward trend. At present, the new order volume still accounts for a small number, the enterprise inventory is high, and many mining enterprises still deal with the previous orders, and the overall inventory of mining enterprises is slowly digested. Liquid ammonia market may continue to maintain a weak position in the short term, mainly affected by the high ammonia volume in most regions after the festival. The recent market does not exclude the possibility of continuing to explore low. The demand of downstream compound fertilizer enterprises is not enough to follow up. In autumn, the fertilizer industry has entered the closing stage, and the winter storage market has not yet started

PVA

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Industry: according to the price monitoring of the business agency, in the 42nd week of 2019 (10.21-10.25), there are one rising commodity, two falling commodities and two rising and falling commodities. The main commodities that rose were yellow phosphorus (1.33%); the main commodities that fell were monoammonium phosphate (- 4.06%), diammonium phosphate (- 1.39%). This week’s average was – 0.82%.

 

III. future forecast

 

Analysts of business association ammonium phosphate think that the market of autumn phosphate fertilizer is weak, and the price encounters “cold winter”. The operating rate of Monoammonium is about 50%, the downstream takes the goods as needed, and some enterprises limit production and insure price. Demand for diammonium is light, exports are weak, and new single volume is rare. It is expected that the phosphate fertilizer market will not improve in the later period, and the weak market will continue. It is suggested to pay attention to the real-time market dynamics of phosphate chemical industry.

POLYVINYL ALCOHOL