1、 Price trend
According to the data of the business club’s block list, the average ex factory price of powdered monoammonium was 2483.33 yuan / ton on February 28, and 2118 yuan / ton on February 1, with an increase of 17.25% in the whole month and 24.58% on a year-on-year basis.
According to the data of the business club’s block list, on February 28, the average ex factory price of 64% diammonium was 2900 yuan / ton, and on February 9, the average ex factory price of 64% diammonium was 2490 yuan / ton, with an increase of 16.47% in the whole month and a year-on-year increase of 31.82%.
2、 Market analysis
In February, the price of map rose slightly before the festival, but after the Spring Festival, the market rose sharply to a high level. This month, the raw materials rose collectively, and the export side was good. The map market was strong. At present, 55% ammonium powder in Anhui Province is priced at 2300-2450 yuan / ton. The ex factory quotation of 55% powdered ammonium in Hubei Province is 2400-2500 yuan / ton. The price of 55% ammonium powder in Henan Province is about 2500-2580 yuan / ton. The price of 55% ammonium powder in Sichuan is about 2400-2450 yuan / ton.
In February, the price of diammonium phosphate also rose at the same time. After the Spring Festival, it broke the calm and went up in a straight line. The quotation of some enterprises was as high as 3150 yuan / ton, and the price was too high to be settled. At present, most of the enterprises stopped reporting and didn’t collect money, and they mainly sent early orders. At present, 64% of diammonium enterprises in Hubei Province stop reporting, while 64% of diammonium enterprises in Shaanxi Province offer 3000-3100 yuan / ton. The price of 64% diammonium in Yunnan is 3300-3430 yuan / ton. In Guizhou Province, 64% diammonium is priced at 3300 yuan / ton, while in Heilongjiang Province, 64% diammonium is priced at 3300 yuan / ton in advance.
In terms of raw materials, sulfur rose by 20.25% in February, up 131.14% year on year. On March 2, the reference price of sulfur was 1373.33, the same as that on March 1. At present, the inventory of domestic refineries remains at a low level. After the festival, the downstream demand recovers to be stable. The manufacturers’ shipment is smooth. The on-site operators have obvious support for the market. It is expected that the sulfur market will run at a high level in the short term. Pay attention to the follow-up situation of the downstream.
3、 Future forecast
According to the analysts of business news agency, the current market of ammonium phosphate is very good, and the price has risen to a new high in this year. With the rising price of raw materials, the domestic downstream demand is gradually increasing due to the approaching of spring ploughing, and the demand for foreign exports is increasing. Under the favorable conditions, the price of ammonium phosphate is running at a high level. However, after the surge, the downstream companies were cautious and wait-and-see. Ammonium phosphate enterprises still stopped orders and reported too much. There was no sales pressure for the time being. They mainly issued orders in the early stage, and they were in strong price support mood. There is no obvious negative signal in the market, it is expected that ammonium phosphate will rise more likely, and the market will be strong in the short term.