Price Trend
According to the data of business associations, the domestic market price of monoammonium phosphate has been running steadily this week. The average price of powder ammonium is 2200 yuan per ton at the beginning of the week and 2200 yuan per ton at the end of the week.
According to the monitoring data of business associations, the domestic market price of diammonium phosphate has been running steadily this week, with 64% of diammonium granules leaving the factory at an average price of 2500 yuan/ton at the beginning of the week and 2500 yuan/ton at the end of the week.
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II. Market Analysis
Monoammonium phosphate: There is no obvious change in the domestic market price of monoammonium phosphate. The price of 55% ammonium powder in Anhui province is 2100-2200 yuan/ton, and the start-up is stable; the price of 60% ammonium powder in Hubei province is 2300-2400 yuan/ton, and the overall operation is stable; the market in Henan province is stable, and the price of 55% ammonium powder in Anhui province is 2100 yuan/ton, and the start-up is stable. The overall start-up rate of enterprises is about 50%.
Diammonium phosphate: The domestic diammonium market is weak. 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: upstream domestic phosphoric acid enterprises started stable, spot supply is tight, due to the rise of yellow phosphorus, phosphoric acid holders high offer. Domestic sulfur market prices rose slightly and supply and demand were balanced. Maintaining stable operation of domestic phosphate ore market is dominant, with small fluctuations in some areas. Domestic liquid ammonia market has little fluctuation, moderate price and steady market. Downstream compound fertilizer enterprises are cautious in taking goods and remain on the sidelines.
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3. Future Market Forecast
Ammonium phosphate analysts of business associations believe that ammonium is mainly used in the previous orders, while a small number of downstream compound fertilizer enterprises follow up, most of them are cautious and wait-and-see attitude. The ammonium market may run steadily in the short run. From the demand point of view, diammonium is in the off-season, the market is weak, the demand is very small, the international market is flat, and the price of diammonium is expected to remain weak and stable in the later period.
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