[comment] At present, the domestic market continued weak ammonium did not change. Market prices continue to decline, the main producing areas of 55% powder month decline reached 50 yuan / ton.

Cause analysis:

Compound fertilizer because winter storage progress is not ideal, the inventory pressure, start is low, the ammonium procurement demand continues to slump. On the other hand, the poor performance of the export market, the scarcity of orders. At present, Hubei 20 ammonium enterprises, 5 have been discontinued, other business inventories are high. The shock upstream market vulnerable to a cost of sulfur, ammonium enterprises weak support.

Forecast:

The main downstream compound fertilizer enterprises before the inventory digestion rate is slow, the festival started slowly, enterprises have not yet pre parking recovery started, the market demand in the short term is difficult to see the obvious improvement, or in the first half of March is expected to pick up after.