Last week (October 21 ~ 27), the raw material market prices continue to rise, the cost factor of domestic phosphate fertilizer prices form a strong support. Ammonium manufacturers advance orders more tight cargo Yang; Diammonium winter just need to exist, but pricing has remained unknown.
Ammonium present raw materials such as sulfur, phosphate rock and other raw materials prices continued to rise, the actual transaction price of monoammonium soared, quotations and the actual single price remained unchanged. However, from the current situation, the rate of increase of raw materials has been higher than the rate of increase in the price of ammonium, the profitability of enterprises is limited.
Ammonium high-end prices of business orders for a limited space. At present, Sichuan, Hubei and other major producing areas have stopped receiving large-scale enterprises, and low operating rates of phosphate rock mines in Sichuan, phosphate rock supply has begun to purchase outside the Yunnan-Guizhou region, the price of ammonium has surpassed that of Hubei. Downstream demand is stable, due to a larger price increase of monoammonium, and the possibility of short-term downside, fertilizer companies inquiry and trading atmosphere active. Last week 55% powdery ammonium average ex-factory price of 2212 yuan (t price, the same below), up 7.64%; the average wholesale price of 2225 yuan, up 5.95%.
Downstream compound fertilizer companies after the pre-purchase has begun to pick up the goods according to market changes. Ammonia is expected next week or continue to rise, the price of phosphate compound before the meeting will maintain a steady upward.
The export price of monoammonium was lower than the domestic price, the enthusiasm of traders in export decreased, and export transactions basically stalled.
DAP affected by the soaring prices of raw materials, diammonium production costs continue to rise. Autumn market sales have ended, winter storage just need to exist, but there is no start-up signs in the short term, the overall operating rate of enterprises is not high, supply slightly tight supply. Last week, the domestic 64% diammonium factory price of 2,400 yuan, the chain was stable. The same period last year, the factory price of 1975 yuan, up 21.51%.
Prices, Hubei Province, 64% of diammonium factory reported 2450 yuan / ton, there is no market price in North China, the winter storage price no new; Yunnan and Guizhou area 64% diammonium no new price, the northeast region intends to stop price 2650-2800 Yuan / ton, the new price is not clear.
China’s diammonium manufacturers have shifted most of their attention to the domestic market. The export market has gradually dwindled, and the enterprises reported higher offer prices. The purchase interest in the international market is not high, and the new orders have basically stalled.
Overall, the upstream and downstream markets performed well, diammonium prices are expected to have significant gains, however, the company winter bidding difficulties, the industry more waiting for phosphate compound fertilizer meeting news.