1、 Price trend
According to the bulk list data of business society, the average ex factory price of 55% powdered monoammonium was 3266 yuan / ton on November 29 and 3183 yuan / ton on December 3. The price of monoammonium phosphate fell by 2.55% this week.
According to the bulk list data of business society, the average ex factory price of 64% diammonium phosphate was 3590 yuan / ton on November 29 and 3600 yuan / ton on December 3. The price of diammonium phosphate increased by 0.28% this week.
2、 Market analysis
The price trend of monoammonium phosphate fell this week. The operating rate of enterprises this week was 49%, up from last week. On Monday, the ammonium market was still depressed, the market was poor, and there were few new orders. Although the price of raw materials has risen, the downstream compound fertilizer enterprises have little demand for monoammonium. Traders’ mentality is unstable, and the transaction focus of monoammonium phosphate continues to decline. At present, the factory quotation of 55% powdered ammonium in China is 3050-3350 yuan / ton, and the actual transaction is negotiated.
The price of diammonium phosphate fluctuated slightly this week. The operating rate of enterprises this week was 48%, up from last week. On Tuesday, the ammonium market was mainly on the sidelines, and the market was weak. The high price of raw materials has a certain support for diammonium phosphate. However, the market situation of winter storage is poor, the unit operates at low load, and most enterprises suspend quotation. The mainstream factory quotation of 64% diammonium in Hubei is 3450-3600 yuan / ton, and the actual transaction can be negotiated.
This week, the raw phosphorus ore market continued to operate at a high end, and the on-site supply continued to be tight. Most of the supply was mainly contract customers. It was relatively difficult for downstream enterprises to purchase raw materials. Therefore, some downstream enterprises were reluctant to sell. With the mutual support of upstream and downstream, the overall market of phosphorus ore and its direct downstream was dominated by strong operation in the short term.
3、 Future forecast
The ammonium phosphate analyst of business society believes that although the raw material market of Monoammonium is good, the market performance is insufficient and the demand side is weak. The price of diammonium is mainly stable, and the cost support is acceptable. It is expected that monoammonium will continue to operate steadily in the short term, while diammonium will continue to operate steadily and wait-and-see.