1.Price Trend
According to the monitoring data of business associations, the market price of diammonium phosphate fell this week. At the beginning of the week, the average price of domestic diammonium phosphate was 2616 yuan/ton, while the average price of domestic diammonium phosphate was 2500 yuan/ton at the end of the week, which was lower than that of last week.
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II. Market Analysis
Product: The domestic market price of diammonium phosphate has been lowered this week. At present, 64% of diammonium in Hubei is quoted at 2400-2600 yuan/ton, 64% of diammonium in Shandong is quoted at 2400-2500 yuan/ton, and 64% of diammonium in Yunnan is quoted at 2700 yuan/ton.
Industry chain: In terms of raw materials, the phosphate ore market is still stable in the short term, with little price fluctuation. Phosphoric acid market prices have dropped, the current price has fallen to a low level, the market demand has increased. The domestic liquid ammonia Market in the main producing areas slightly declined.
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3. Future Market Forecast
According to the analyst of diammonium phosphate, diammonium phosphate is in the off-season of demand, the supply exceeds the demand, and the price of diammonium is seriously depressed in the international market. From the supply point of view, the price of raw phosphoric acid and liquid ammonia has been lowered in an all-round way, and the price of diammonium is expected to remain weak in the later period.
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