1、 Price trend

According to the data of the business club’s block list, on May 1, the average ex factory price of 55 powdered monoammonium was 2533 yuan / ton, and on May 8, the average ex factory price of powdered monoammonium was 2533 yuan / ton, which remained stable this week.

According to the data of the business club’s block list, on May 1, the average ex factory price of 64% granular diammonium was 3100 yuan / ton, and on May 8, the average ex factory price of 64% granular diammonium was 3100 yuan / ton, which remained stable this week.

2、 Market analysis

This week, the price of map was stable, the domestic market atmosphere was weak, and the trading volume needed to be improved. The ex factory price of 55% powdered ammonium is 2500-2600 yuan / ton, and the ex factory price of 58% powdered ammonium is 2550-2650 yuan / ton. On Monday, the operating rate of ammonium enterprises was about 70%, down from last week.

This week, the price of DAP is stable, the domestic market is difficult to improve in the off-season, and enterprises and traders are still mainly exporting. In the case of good demand in foreign markets, the price of DAP is firm and the export volume is increasing. On Tuesday, the operating rate of ammonium enterprises was about 60%, higher than that of last week.

In terms of raw materials, the price of raw materials rose this week. The price of raw material phosphate rock rose, and the average reference price of 30% grade phosphate rock in mainstream areas of China was around 500 yuan / ton, which increased by 20 yuan / ton, or 4.17%, compared with the price on May 1.

3、 Future forecast

Business community ammonium phosphate analysts believe that the current ammonium phosphate market atmosphere is not good, the market is weak. The price of raw materials rises, and it is difficult for map to fall under the support of cost. DAP continues to focus on export, but domestic market is not good for the time being. It is expected that the price of map will be stable temporarily in the short term, while the price of DAP will be mainly stable.