The supply is sufficient, and the ammonium phosphate market is sorted out (9.9-9.15)

1、 Price trend



According to the bulk list data of business cooperatives, the average market price of 55% powdered monoammonium was 3133 yuan/ton on September 9, and the average market price of 55% powdered monoammonium was 3133 yuan/ton on September 15. The market price of monoammonium phosphate was stable this week.


According to the bulk list data of business cooperatives, the average market price of 64% diammonium phosphate on September 9 was 4300 yuan/ton, and on September 15, the average market price of 64% diammonium phosphate was 4016 yuan/ton. The market price of diammonium phosphate fell 6.59% this week.


2、 Market analysis


This week, the market quotation of monoammonium phosphate was firm, and the center of gravity of diammonium phosphate continued to decline. The raw material market is stable and good, and the cost is good. The fertilizer market started in autumn, and the downstream compound fertilizer enterprises mainly purchase on demand. There is a large supply of ammonium phosphate on the site. Although the purchasing enthusiasm of monoammonium downstream has improved, the turnover is relatively small. Downstream demand for diammonium was insufficient, and the price was lowered one after another for the purpose of digesting inventory. The market was weak. As of September 15, 55% of the factory price of powdered monoammonium in Hubei was 2750-2900 yuan/ton, that in Sichuan was 2900-3400 yuan/ton, and that in 73% of the monoammonium market was 6100 yuan/ton. The ex factory quotation of 64% diammonium in Hubei is 3500-3700 yuan/ton, the quotation of 64% diammonium in Yunnan is 4200 yuan/ton, and the quotation of 64% diammonium in Guizhou is 4150 yuan/ton. The actual transaction is negotiated.


In terms of raw sulfur, the price of sulfur in East China rose this week, with an average price of 1143.33 yuan/ton on September 15. The sulfur quotation of refinery enterprises in Shandong is temporarily stable, and the mainstream price of solid sulfur is about 1130-1220 yuan/ton; The mainstream price of liquid sulfur is 1030-1170 yuan/ton. The quotation is for reference only, and the actual transaction price shall prevail. The port market continues to rise, the cargo holders have a positive attitude, and it is difficult to find low prices on the site. The downstream follows up on sulfur procurement as needed. The local refineries mainly supply sulfuric acid manufacturers around. There is no inventory pressure for the time being, and the quotation is mainly stable. At present, the domestic market is not obviously good, and the short-term sulfur market is waiting for operation.


In terms of raw phosphorus ore, the domestic market for medium and high-end grade phosphorus ore continues to operate stably as a whole, the supply of phosphorus ore in the yard is still tight, and the supply side continues to provide some support to the market. At present, the trading atmosphere in the phosphate rock yard is mild, and the downstream is mainly purchased on demand. As of September 15, the reference price of phosphate rock was 1064 yuan/ton.


3、 Future market forecast


Ammonium phosphate analysts from the business community believe that the recent raw material market has stabilized and cost support has increased. With the gradual release of fertilizer market in autumn, the demand for ammonium phosphate has increased, and the trading atmosphere has improved. It is expected that the market price of ammonium phosphate will be stable in the short term.