1、 Price trend

According to the data of Business News Agency, the average market price of 55% of powdered monoammonium phosphate in China was 3320 yuan/ton on February 27, and the average market price of 55% of powdered monoammonium phosphate in China was 3350 yuan/ton on March 6. The market price of monoammonium phosphate rose 0.90% this week.

According to the data of Business News Agency, the average market price of 64% of diammonium phosphate in China was 3975 yuan/ton on February 27, and the average market price of 64% of diammonium phosphate in China was 3980 yuan/ton on March 6. The market price of diammonium phosphate rose 0.13% this week.

2、 Market analysis

The price of monoammonium phosphate rose this week. This Monday, the operating rate of ammonium was reduced, and the market supply was reduced. In addition to the rising prices of raw phosphorus ore and sulfur, cost support has been strengthened. Downstream still maintain demand-based procurement. As of March 6, the market price of 55 powdered ammonium in Hubei was about 3300 yuan/ton, the ex-factory price of 55 powdered ammonium in Henan was about 3250-3350 yuan/ton, and the market price of 55 powdered ammonium in Sichuan was about 3300-3550 yuan/ton, which was mainly based on actual negotiation.

The price of diammonium phosphate increased slightly this week. The raw material price is high and the cost support is good. The supply of diammonium chloride is still tight and the price remains firm. Downstream just needs to be purchased, and on-site trading is acceptable. As of March 6, the 64% market price of diammonium chloride in North China was about 3950-4050 yuan/ton, and the 64% market price of diammonium chloride in Shandong was about 4000-4170 yuan/ton. The actual deal was negotiated.

In terms of raw sulfur, the price of sulfur in East China rose this week, and the price of sulfur quoted by refinery enterprises in Shandong increased. The sulfur manufacturer’s unit operates normally, the market supply is stable, the downstream purchasing enthusiasm is moderate, the sulfur manufacturer’s shipment is smooth, and the terminal industry has the demand for fertilizer in spring. The operator’s attitude is optimistic, and it is expected that the sulfur market will be sorted up in the future.

In terms of raw phosphorus ore, the overall high level of the phosphorus ore market this week was relatively strong. At present, the traffic and investment atmosphere in the phosphate rock field is good, the demand at the downstream of the terminal is gradually rising, and the overall supply in the phosphate rock field continues to be tense.

3、 Aftermarket forecast

According to the ammonium phosphate analyst of the Business Society, the price of raw phosphorus ore and sulfur has risen recently. Under the pressure of cost, the ammonium phosphate manufacturers have slightly increased their prices. At present, the overall supply of goods on the site is tight, but downstream procurement is cautious. It is expected that the operation of ammonium phosphate will be dominated in the short term.