1、 Price trend
According to the data of the business club’s large scale list, the average ex factory price of powdered monoammonium on May 1 was 1962 yuan / ton, and the average ex factory price of powdered monoammonium on May 31 was 1856 yuan / ton, with the price falling 5.39% in the month.
According to the data in the business club’s large list, on May 1, the average ex factory price of 64% diammonium was 2196 yuan / ton, on May 31, the average ex factory price of 64% diammonium was 2156 yuan / ton, and the price fell 1.75% in the month.
| PVA 2088 (PVA BP20) |
2、 Market analysis
Monoammonium phosphate: this month, the monoammonium phosphate market was weak, and the price was stable and fell. The factory quotation of 55% powdered ammonium in Anhui Province is 1900-1950 yuan / ton, and the commencement is stable. In Hubei Province, 55% of the total price of powdered ammonium is about 1850-1950 yuan / ton, and 60% of the total price of powdered ammonium is 2050-2100 yuan / ton. The market in Henan Province has maintained stable operation, and 55% of ammonium powder has been quoted about 1950 yuan / ton, with stable start-up. The ex factory quotation of 55% powdered ammonium in Shandong Province is 1800-1900 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 1950 yuan / ton.
Diammonium: this month, the market demand for diammonium phosphate is insufficient, and the market trend is slightly lower. At present, 64% of mainstream diammonium in Hubei Province offers 2150-2200 yuan / ton, 64% of mainstream diammonium in Shandong Province 2200-2300 yuan / ton, 64% of mainstream diammonium in Yunnan Guizhou Province 2300-2450 yuan / ton, and 64% of mainstream diammonium in Anhui Province 2200-2350 yuan / ton. 64% of mainstream diammonium in Gansu Province is priced at 2250-2400 yuan / ton. The first station quotation of 64% diammonium in Heilongjiang Province is about 2450 yuan / ton.
Upstream: the domestic sulfur market is stable and rising, and the port sulfur price is rising. However, there is not a large number of transactions in the market. The cargo holders in the port are not eager to ship, and the buyer also goes with the market. The quotation of domestic refineries is slightly adjusted. On May 31, the reference price of sulfur was 526.67, up 2.6% from May 1 (513.33). This month, the phosphorus ore market as a whole was weak, the market was weak, and the downstream support was insufficient. On May 31, the reference price of phosphate rock was 393.33, which was 3.28% lower than that on May 1 (406.67).
Downstream: the market of downstream compound fertilizer enterprises is not clear, this month’s weak operation, the price fell slightly. Compound fertilizer enterprises are cautious in purchasing raw material ammonium phosphate, with reduced demand and increased equipment maintenance. The north and South are close to the end of fertilizer preparation. In the short term, due to insufficient demand, the market will continue to be weak.
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Industry: according to the price monitoring of the business agency, in May 2020, there were 1 rising commodity, 4 falling commodity and 0 rising and falling commodity in the price list of phosphorus chemical industry. The main commodities that rose were phosphoric acid (1.96%); the main commodities that fell were yellow phosphorus (- 7.82%), monoammonium phosphate (- 5.39%) and phosphate rock (- 3.28%). This month’s average rise and fall was – 3.26%.
3、 Future forecast
Analysts of business association ammonium phosphate think that the raw material market of ammonium phosphate rose and fell in May, and the demand for downstream compound fertilizer is insufficient. Some orders of monoammonium phosphate are received in advance, and the inventory pressure is reduced. The domestic demand of DAP is reduced, the supply is reduced and the export competition is fierce. It is expected that the market of ammonium phosphate will be weak and stable in the later period.
| POLYVINYL ALCOHOL |