Ammonium Phosphate Quotes Crumbling

Last week, farmers in the northeast and northwest markets had already begun to purchase diammonium, and the first-line prices remained stable in sales of Xiaowang. For the company to stabilize the first-line prices, the overall offer remained stable. The ploughing market is less replenished. After April, it will be based on digesting winter storage stocks. Under the stable appearance, the trend of ammonium phosphate in the latter period is hidden and the overall price is faltering.

Diammonium under the oversupply pressure, diammonium spring market has been in the past two years, "have not been the first drop" of the cycle, every traditional sales season, dealers are scrambling to sell goods. Prosperously throwing, throwing first to earn a consensus as a first-line distributor. After entering April, the fertilizers in the northeast and northwest markets were gradually hotter, and dealers were willing to throw goods. At the same time, the upstream raw materials of ammonium phosphate and the international market are undergoing changes, which brings hidden concerns to the market of diammonium.

The upstream raw materials** have a declining trend. Last week, the international price continued to decline, and China's CIF price fell significantly. FOB * FOB: Vancouver, 180 to 185 US dollars (t price, the same below), high-end fell 5 US dollars; the Middle East 170 to 175 US dollars, Iran, 165 to 170 US dollars, the Black Sea, 120 to 150 US dollars, the United States, 160 to 170 US dollars, more than three The price stayed steady. Solid CIF: India 190 to 195 US dollars, down 20 US dollars; China 135 to 170 US dollars, high-end fell 35 US dollars, the low end fell 25 US dollars. ** The fall in CIF prices has removed key support factors for the diammonium market that has been striving for stability. If ** market outlook further decline, diammonium market worrying.

In April, domestic manufacturers had their eyes on exports, but the international market was cold and concentrated. From the price point of view, the international diammonium price was in a downward trend last week. Among them, China's FOB prices fell by 20 US dollars to 430 to 440 US dollars, the most significant decline; the Baltic also fell 20 US dollars to 460 to 500 US dollars. In the same period last year, the price of international diammonium rose, but it did not stimulate domestic prices. This year's decline in the international market has become more apparent, and the domestic market is even more difficult to be boosted by export confidence. The trend in the latter stage has become increasingly worrying.

In spite of this, it is estimated that the current international diammonium FOB price after deducting port fees, freight, etc., still barely allow manufacturers to support costs. If current export prices are maintained or even detected, diammonium exports are still open. In terms of prices, 64% of diammonium mainstream stocks in the northeast remain at 2,700-2,850 yuan, and manufacturers' bids for northeastern arrivals remain at 2,800-2,900 yuan. The actual turnover is low.

The drop in the price of mono-ammonium gradually became clear. As the downstream goods continue to weaken, the inventory pressure of an ammonia producer has increased, and the current market price has dropped significantly. Hubei 55% powder factory price 1900 ~ 1950 yuan, the actual ex-factory price 1850 ~ 1900 yuan. The actual ex-factory price for Sichuan 55% powder is maintained at around 1800 yuan.

The mono-ammonium manufacturers have also focused their attention on exports in the near future. Although many manufacturers have increased their inventories, they still look forward to exports. With the increasing concentration of Jigang, the export situation will ultimately give a direction to the “amortization” or “argument price” of an ammonia plant.