Ammonium phosphate market was weak in July (7.1-7.29)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the bulk list data of business society, the average market price of 55% powdered monoammonium on July 1 was 4666 yuan / ton, and the average market price of powdered monoammonium on July 29 was 4650 yuan / ton. The price of monoammonium phosphate fell 0.36% this month.

 

According to the bulk list data of business society, the average market price of 64% diammonium phosphate was 4366 yuan / ton on July 1, and 4425 yuan / ton on July 29. The price of diammonium phosphate increased by 1.34% this month.

 

2、 Market analysis

 

The price trend of monoammonium phosphate is downward this month. Monoammonium has a poor market, with a weak trend. Raw phosphate rock is still tight and the price is high, the price of raw sulfur continues to fall, the cost support is insufficient, and the confidence in the ammonium monohydrate plant is frustrated. The downstream compound fertilizer operates at low load, the price is down, and the purchase of ammonium phosphate is reduced. Due to the rapid decline of raw materials and the shortage of Monoammonium supply, most manufacturers suspended their quotation, and the quotation of dealers was mixed. As of July 29, the market price of 55 powdered ammonium in Sichuan is about 4600 yuan / ton, and the actual transaction is negotiable.

 

povidone Iodine

The market of diammonium phosphate fluctuated at a high level this month. The price of raw sulfur continues to decline, and the cost support is weakened. Domestic demand for diammonium basically stagnated, and most manufacturers stopped quoting. At present, the market is dominated by exports, the demand is weak, the quotation of traders is chaotic, and the market is weak in the short term. As of July 29, the market quotation of 64% diammonium in Guizhou was about 4150 yuan / ton, that of 57% diammonium was about 3750 yuan / ton, and that of 64% diammonium in Hubei was about 4400 yuan / ton. The actual transaction was negotiated.

 

In terms of raw phosphorus ore, at the beginning of July, the market price of 30% grade phosphorus ore basically exceeded the 1000 yuan level, the on-site supply continued to be tight, and the operators were reluctant to sell. Large mining enterprises were mainly for their own use, with little external sales. The on-site circulation spot was insufficient, and the market continued to operate strongly. On July 11, some mining enterprises in Guizhou and Guangxi raised the market price of medium and high-end grade phosphorus ore again, The increase range was around 30-50 yuan / ton, and the high-end market price of 30% grade phosphorus ore in Guizhou exceeded 1150 yuan / ton. Then, the phosphorus ore market as a whole was strong and operated to the late July stage. Up to now, the domestic market price of 30% grade phosphorus ore is around 1050-1150 yuan / ton, and the market price of 28% grade phosphorus ore is around 900-980 yuan / ton.

 

The price of raw sulfur fell sharply this month. The downstream market starts at a low level, and the demand for sulfur is limited. In addition, there is a low-cost source of goods in the market, there is great competition pressure for on-site shipment, and the inventory pressure of sulfur refineries increases. In order to maintain the pace of shipment, domestic refineries continue to reduce their quotations. In the mood of buying up but not buying down, the operators are cautious in entering the market, and the overall atmosphere of the market is weak.

 

3、 Aftermarket forecast

 

According to the ammonium phosphate analysts of the business society, the current trend of sulfur, the raw material of ammonium phosphate, is weak, and the cost support is weak. The downstream demand for phosphate fertilizer is sluggish, and there are few transactions on the floor, with the focus of transactions declining. The price trend of ammonium phosphate is expected to be weak in the short term.

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