1、 Price trend

According to the bulk list data of business cooperatives, the average price of 55% of powdered monoammonium in Sichuan was 2900 yuan/ton on October 14, and 2883 yuan/ton on October 20. The market price of monoammonium phosphate fell 0.57% this week.

According to the data from the bulk list of business cooperatives, the average price of 64% of diammonium phosphate in the Yunnan Guizhou region was 3733 yuan/ton on October 14, and 3700 yuan/ton on October 20. The market price of diammonium phosphate fell 0.89% this week.

2、 Market analysis

This week, the ammonium phosphate market was consolidated and operated, and the price fluctuated slightly. Raw material cost support was acceptable, and the operating rate of ammonium phosphate enterprises decreased. The demand of downstream compound fertilizer enterprises is general, and raw materials are mainly purchased on demand. At present, the performance of ammonium phosphate winter storage market is flat, and the industry is mainly wait-and-see. As of October 20, the ex factory quotation of 55 powdered ammonium in Hubei Province was 2850-2950 yuan/ton, that in Anhui Province was 2950-3150 yuan/ton, that in Sichuan Province was 2650-3150 yuan/ton, and that in Sichuan Province was about 6050 yuan/ton for 73% of the monoammonium market, mainly based on actual negotiation. 64% of diammonium in Hubei Province quoted 3400-3500 yuan/ton, 64% of diammonium in Guizhou Province quoted 3500-3700 yuan/ton, and 64% of diammonium in Yunnan Province quoted 3700-4000 yuan/ton. The actual transaction was negotiated.

In terms of raw sulfur, the price of sulfur in East China fell this week. On October 20, the average price of sulfur in East China was 1433 yuan/ton, and the market was weak. There is a large demand in ports, and the price of sulfur rises. Local refineries were blocked in shipment, and prices fell.

In terms of raw phosphorus ore, the overall phosphorus ore market was stable and consolidated this week. In special periods, logistics was limited, some mining enterprises stopped production, and the information on the site was relatively calm. Although the downstream phosphate fertilizer market continues to be weak and the demand side is generally supported, the overall offer of phosphate rock mining enterprises is mainly stable due to the tight supply.

3、 Future market forecast

Ammonium phosphate analysts from the business community believe that the downstream demand for ammonium phosphate is limited at present, a small amount of goods are taken, and the transaction on the market is average. After the price of raw sulfur refinery rose, the cost pressure remained. It is expected that the ammonium phosphate market will be stable in the short term.