1、 Price trend
According to the bulk list data of business cooperatives, the average market price of 55% powdered monoammonium was 3150 yuan/ton on October 1, and 2950 yuan/ton on October 31. The market price of monoammonium phosphate fell 6.35% this month.
According to the bulk list data of business cooperatives, the average market price of 64% diammonium phosphate was 4050 yuan/ton on October 1, 3700 yuan/ton on October 31, and the market price of diammonium phosphate fell 6.64% this month.
2、 Market analysis
This month, the price of monoammonium phosphate fell and then consolidated. After the National Day, the monoammonium market was weak. The rise of sulfur in raw materials puts pressure on costs. The downstream autumn fertilizer market has basically ended, with limited trading and investment on the market. In the second half of October, the monoammonium market was reorganized and operated, and the price fluctuated slightly. The cost support was weakened, and the operating rate of monoammonium chloride enterprises decreased. The demand of downstream compound fertilizer enterprises is general, and raw materials are mainly purchased on demand. The performance of winter storage market is flat, and the industry is mainly wait-and-see. As of October 31, the ex factory quotation of 55 powdered ammonium in Hubei was 2900-3050 yuan/ton, that in Anhui was 3150 yuan/ton, and that in Sichuan was 3100 yuan/ton, mainly based on actual negotiation.
This month, the price of diammonium phosphate fell and then consolidated. Diammonium showed weak performance after the festival, and winter storage progress was slow. The cost is increased, and a small amount of downstream procurement. In the second half of October, the diammonium market was reorganized and operated, and the price fluctuated slightly. The price of raw sulfur has declined, and the cost support has weakened, but the pressure is still on. The winter storage market is weak, and the follow-up of new orders is limited, mainly on the sidelines. As of October 31, 64% of diammonium chloride in Hubei Province was quoted 3400-3500 yuan/ton, 64% of diammonium chloride in Guizhou Province was quoted 3500-3700 yuan/ton, and 64% of diammonium chloride in Yunnan Province was quoted 3650-4000 yuan/ton. The actual transaction was negotiated.
Raw phosphate rock market. The overall domestic phosphorus ore market fell slightly this month. After the National Day holiday, the trading atmosphere in the phosphate rock yard was quiet, and the weak market situation of the terminal phosphate fertilizer market gave ordinary support to the phosphate rock. Most of the support in the phosphate rock yard came from the continuous tension of the supply side, and the offer of the operators was multi-dimensional and stable. Some mining enterprises in Sichuan reduced the price of the phosphate rock market slightly, with a reduction rate of about 10 yuan/ton. According to the phosphorus ore data engineer of the business community, in the short term, the domestic phosphorus ore market will mainly operate stably, and the specific trend needs to pay more attention to the specific information changes on the supply and demand side.
Raw sulfur. The domestic sulfur price rose first and then fell this month. As of October 31, the average price of sulfur in East China was 1350 yuan/ton, and the market was weak. Downstream replenishment is not active, and sulfur demand is weak. Due to the impact of public health events in Shandong, logistics is blocked, and enterprise shipments are not smooth. Some sulfur refineries have lowered their quotations, and the sulfur market is weak. The mainstream price of solid sulfur in Shandong is about 1330-1370 yuan/ton, and the mainstream price of liquid sulfur is 1250-1330 yuan/ton, which is subject to the actual transaction price.
3、 Future market forecast
Ammonium phosphate analysts from the business community believe that the current ammonium phosphate market is mainly consolidation. In recent days, the trend of sulfur in raw materials has declined, and the cost pressure has weakened. The operating rate of manufacturers has decreased, and the supply has decreased. A small amount of downstream procurement is dominant, and the market turnover is weak, which needs to be supported by sales volume. It is expected that the ammonium phosphate market will continue to operate smoothly in the short term.