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The monoammonium market did not improve after the holiday.
During the Spring Festival, the manufacturers who stopped production for maintenance and repair have not resumed production recently.
They only executed the pre-orders.
New orders were rarely traded.
Now the 55% powdered ammonium Shandong accepted warehouse price dropped to 1900-1950 yuan (ton price, The same below).
It is also understood that the import price of 55% powdered ammonium in Southwestern China fell to 1950 yuan in Shandong.
Downstream demand has not yet emerged.
Large-scale compound fertilizer companies are slow to start operations, have large inventories, and purchase some raw materials before the holiday, so they will not purchase large amounts of raw materials.
Monoammonium exports are still unsatisfactory.
Although the CIF price of Brazil's monoammonium rebounded slightly to 340-350 US dollars this week, Brazilian buyers hope to resume purchasing before the end of the first quarter, so the demand has not yet been highlighted; domestic major manufacturers of granular monoammonium It is exporting, but it is understood that it is only a preliminary order and the quantity is not large.
In terms of raw materials, the price of phosphate ore has temporarily stabilized.
During the Spring Festival, limited production companies have started construction and supply is relatively sufficient; after the holiday, the price of sulfur continues to decline due to the surge in Hong Kong stocks, and the CIF price of sulfur in my country continues to drop to US$80-100.
Puguang Sulfur Wanzhou The port sales price continued to drop by 40 yuan to 840 yuan, and sulfur prices in other ports gradually approached the "800 mark"; the price of liquid ammonia was still low and temporarily stable, and the supply was still on the high side.
The downstream enthusiasm for obtaining goods was not high.
Now Hubei monoammonium manufacturer The storage price of liquid ammonia is about 1950 yuan.
In summary, the monoammonium supply is acceptable, the upstream raw material support is insufficient, and the most important downstream demand has not been fully released.
It is expected that the monoammonium market will hardly improve in the short term, and the price will hardly be likely to rise.
????? After the holiday, diammonium remained stable, and the market was still dominated by guarantees and advances, with few buyouts.
After the holiday, the overall quotation dropped slightly.
The current pre-received quotations for 64% of the mainstream diammonium nationwide are 2400-2450 yuan.
At the same time, the actual transaction has also dropped.
It is reported that the low-end ex-factory price has reached around 2350 yuan; the start of construction is due to some manufacturers during the holiday period.
Low-level operation, although the recent market transaction volume is average, the potential domestic market demand in the later period is still acceptable, and the overall production situation gradually returns to normal after the holiday; the weak international market has deepened, and the domestic low-end offshore guide price for diammonium has fallen to 350 US dollars.
Export bulk orders after the holiday are only around US$355.
It is also reported that India will suspend the purchase of diammonium before mid-March due to the large number of diammonium stocks in the port.
In summary, due to the approaching domestic spring market sales and the weak diammonium environment, most manufacturers plan to issue buyout prices at the end of this month and early next month.
Based on the current market supply and demand relationship, it is expected that prices may go down and low-end buyouts.
The factory may drop by nearly 2300 yuan.
During the Spring Festival, the manufacturers who stopped production for maintenance and repair have not resumed production recently.
They only executed the pre-orders.
New orders were rarely traded.
Now the 55% powdered ammonium Shandong accepted warehouse price dropped to 1900-1950 yuan (ton price, The same below).
It is also understood that the import price of 55% powdered ammonium in Southwestern China fell to 1950 yuan in Shandong.
Downstream demand has not yet emerged.
Large-scale compound fertilizer companies are slow to start operations, have large inventories, and purchase some raw materials before the holiday, so they will not purchase large amounts of raw materials.
Monoammonium exports are still unsatisfactory.
Although the CIF price of Brazil's monoammonium rebounded slightly to 340-350 US dollars this week, Brazilian buyers hope to resume purchasing before the end of the first quarter, so the demand has not yet been highlighted; domestic major manufacturers of granular monoammonium It is exporting, but it is understood that it is only a preliminary order and the quantity is not large.
In terms of raw materials, the price of phosphate ore has temporarily stabilized.
During the Spring Festival, limited production companies have started construction and supply is relatively sufficient; after the holiday, the price of sulfur continues to decline due to the surge in Hong Kong stocks, and the CIF price of sulfur in my country continues to drop to US$80-100.
Puguang Sulfur Wanzhou The port sales price continued to drop by 40 yuan to 840 yuan, and sulfur prices in other ports gradually approached the "800 mark"; the price of liquid ammonia was still low and temporarily stable, and the supply was still on the high side.
The downstream enthusiasm for obtaining goods was not high.
Now Hubei monoammonium manufacturer The storage price of liquid ammonia is about 1950 yuan.
In summary, the monoammonium supply is acceptable, the upstream raw material support is insufficient, and the most important downstream demand has not been fully released.
It is expected that the monoammonium market will hardly improve in the short term, and the price will hardly be likely to rise.
????? After the holiday, diammonium remained stable, and the market was still dominated by guarantees and advances, with few buyouts.
After the holiday, the overall quotation dropped slightly.
The current pre-received quotations for 64% of the mainstream diammonium nationwide are 2400-2450 yuan.
At the same time, the actual transaction has also dropped.
It is reported that the low-end ex-factory price has reached around 2350 yuan; the start of construction is due to some manufacturers during the holiday period.
Low-level operation, although the recent market transaction volume is average, the potential domestic market demand in the later period is still acceptable, and the overall production situation gradually returns to normal after the holiday; the weak international market has deepened, and the domestic low-end offshore guide price for diammonium has fallen to 350 US dollars.
Export bulk orders after the holiday are only around US$355.
It is also reported that India will suspend the purchase of diammonium before mid-March due to the large number of diammonium stocks in the port.
In summary, due to the approaching domestic spring market sales and the weak diammonium environment, most manufacturers plan to issue buyout prices at the end of this month and early next month.
Based on the current market supply and demand relationship, it is expected that prices may go down and low-end buyouts.
The factory may drop by nearly 2300 yuan.
