Early in March, the market decline in the market, the price slightly down, the stock began to accumulate; and April, is undoubtedly the process of increasing supply and demand contradictions; May, it is the full outbreak of price war, the market Heard. Nearly two months, ammonium chloride market continued to slump, in the down the road farther and farther, it is difficult to look back.
| PVA 1788 (PVA BP17) |
The current market decline in the ammonium chloride market is difficult to stop, while the soda ash market has experienced a sharp decline in the first quarter after entering the market decline in the market was narrowed, due to the drag of ammonium chloride market, the base enterprises began to suffer losses, ammonium chloride , Soda ash under the dual pressure, the base manufacturers do not intend to continue to cut prices. From mid-April, central and eastern China, some manufacturers of light base offer began to narrow a narrow range of 20-30 yuan / ton, the base of the enterprise aimed at the price of impairment. But from the cost, the base of the enterprise has begun to lose money, while the price of ammonium chloride also fell to a record low.
Union enterprises already losses, can no longer look at the stock up, the price fell. What should I do to save our ammonium chloride?
| PVA 1799 (PVA BF17) |
(A) limited production reduction
Union enterprises overhaul or loss of state, to maintain a normal and stable production of a small number of manufacturers. It is reported that the current market price of more than 100 tons of ammonium chloride stocks, individual manufacturers over 10 million tons of inventory. At present, downstream fertilizer companies due to the continuous callback of urea, some small and medium enterprises to promote the transaction, low-end prices re-released. In general, the compound fertilizer business warehouse more than in the middle of this month, but taking into account the continued decline in urea, corn acreage reduction, the reduction in demand and other factors, do not rule out some of the compound fertilizer business or early clearing, Ammonium purchase is limited. In the case of weak demand, some enterprises will increase their willingness to limit production, individual enterprises have begun to overhaul, for some time, the market shipping pressure will be slightly reduced.
| PVA 2088 (PVA BP20) |
(B) ammonium chloride exports
The domestic market continued to slump, so many manufacturers and traders began to find a new way out. From the export of ammonium chloride in March can be seen that exports are the first choice for many manufacturers and traders. According to customs statistics show: in March 2017 exports of ammonium chloride 140,400 tons, the export amount of 10,984,400 US dollars, the average price of 78 US dollars / ton. Exports increased by 153% qoq, an increase of 57%. Although the export price slightly down, but the domestic market continued to weaken, some dealers will still shift the focus to exports. Accompanied by the current manufacturers to limit the pace of limited production, exports to a certain extent, ease the pressure on the domestic market.
Also looking for export-positive particles of ammonium chloride, dry ammonium downstream products, the current northeast, Henan and other places have been reduced to the end of this month, the domestic demand for particulate ammonium chloride will basically end, some manufacturers And even the equipment has been shut down, but there are some manufacturers in order to transfer the pressure of ammonium chloride, the focus of ammonium chloride particles from the domestic transfer to exports.
| PVA 2699 |
On the whole, the current ammonium chloride market is not entirely good, but the face of severe market, these positive support for the market is limited, negative factors still dominate. It is expected that May ammonium chloride market is hard to change, will continue to run weak.