1、 Price trend

According to the data of the bulk list of business agencies, the recent weak operation of monoammonium phosphate Market, the price fell steadily. On January 6, the market price of powdered monoammonium was 1906 yuan / ton, and on January 15, the market price of powdered monoammonium was 1890 yuan / ton, with a decrease of 0.87%. On January 15, the monoammonium phosphate commodity index was 63.26, unchanged from yesterday, 37.27% lower than the cycle’s highest point of 100.84 (2011-09-13), and 1.88% higher than the lowest point of 62.09 on September 19, 2017. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Product: at present, the operating rate of the enterprise is about 50%. At present, the factory quotation of 55% powdered ammonium in Hubei Province is 1800-2000 yuan / ton, and that of 60% powdered ammonium is 1950-2100 yuan / ton. The market in Henan Province has maintained stable operation. The ex factory quotation of 55% ammonium powder is 1800-1950 yuan / ton. The price of 55% powdered ammonium in Shandong Province is 1850-2000 yuan / ton, which is stable. The factory quotation of 55% ammonium powder in Sichuan is 1850 yuan -2000 yuan / ton.

Industry chain: at present, the supply and demand of sulfur market is weak. Affected by environmental protection policies, the downstream demand is in a low level, and the delivery performance of refineries in various regions is poor, with narrow range arrangement. Refineries in various regions adjust their quotation according to their own delivery situation in the week. The quotation in East China and Shandong is stable, and the price of refineries in North China is reduced by 30 yuan / ton. Since the winter, the domestic phosphorus ore market has been in a weak and stable operation state. During this period, some mining enterprises reduced their prices or limited production slightly to meet the market demand in the off-season. With the approaching of the Spring Festival, mines around the country gradually stopped mining, and some enterprises in Hubei and Sichuan are now in the phase of shutdown. Some enterprises in Guizhou also have maintenance plans before and after the Spring Festival.

Industry: according to the price monitoring of the business agency, in the first week of 2020 (1.6-1.10), there are 27 kinds of commodities rising month by month in the list of commodity prices in the chemical industry sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 3.5% of the number of commodities monitored in the sector; the top 3 commodities are bisphenol A (9.65%), glycol (7.92%), ammonium chloride (5.09%). There are 18 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three products falling are caustic soda (- 5.22%), chloroform (- 4.55%), sodium metabisulfite (- 3.79%). This week’s average was 0.35%.

3、 Future forecast

According to analysts of monoammonium phosphate of business association, the demand side is still weak, and the downstream purchases on demand. In recent years, the transportation difficulties in many places have led to the increase of freight, and the overall price fluctuation is not big. It is expected that the price of monoammonium phosphate will not change significantly in the later period, and the market will still be weak and stable.