1、 Price trend

According to the data of business club’s block list, the average ex factory price of powdered monoammonium was 2566.67 yuan / ton on March 26, and 2560 yuan / ton on March 22, with a year-on-year increase of 20.31%.

According to the data of the business club’s block list, on March 26, the average ex factory price of 64% diammonium was 2900 yuan / ton, and on March 22, the average ex factory price of 64% diammonium was 2900 yuan / ton, up 30.34% year on year.

2、 Market analysis

This week, the price of monoammonium phosphate rose slightly, the manufacturers made more stable adjustments, limited new orders, main orders, little shipping pressure, and the willingness to support the market is still relatively strong. At present, the downstream demand is stable, just need to purchase, the cost support is acceptable, and the short-term market is relatively stable. Anhui Province 55% ammonium powder factory offer 2450-2460 yuan / ton. The price of 55% ammonium powder in Hubei Province is 2500-2600 yuan / ton. The price of 55% ammonium powder in Henan Province is about 2500-2700 yuan / ton. The price of 55% ammonium powder in Sichuan is about 2400-2550 yuan / ton.

This week, DAP market is temporarily stable, market price guidance is not strong, most enterprises still stop reporting, continue to send orders. At present, the manufacturers mainly supply export orders, but there is still a gap in the domestic market supply, so the good news still exists, and the short-term market is relatively stable. In the domestic market, 64% of diammonium enterprises in Hubei Province stopped reporting, while 64% of diammonium enterprises in Gansu Province quoted 3150 yuan / ton. The price of 64% diammonium in Yunnan is 3300-3430 yuan / ton. In Guizhou, 64% diammonium is priced at 3250-3300 yuan / ton, while in Heilongjiang, the first arrival price of 64% diammonium is about 3300 yuan / ton.

In terms of raw materials, the domestic sulfur market is mainly wait-and-see, the inventory of domestic refineries in various regions remains low, the market sulfur price is high and firm, the enthusiasm of downstream factories to purchase in the market is weak, the quotation of domestic refineries is basically stable, and the shipment is acceptable. During the week, refineries in various regions of China made big steady and small moves, with the exception of Sinopec’s solid sulfur price increase of 20 yuan / ton in East China, the overall market quotation was stable. As of March 26, the reference price of sulfur was 1476.67, up 7.52% compared with March 1 (1373.33).

3、 Future forecast

Analysts of ammonium phosphate from business news agency believe that at present, the cost support is still in the market, domestic phosphate fertilizer export is good, enterprises mainly deliver early orders, the market arrival is low, which is good support. Monoammonium phosphate and diammonium phosphate tend to be strong in the short term, and with the weakening of favorable factors, the later price may face a callback.