1、 Price trend

According to the data of Business News Agency, the average market price of 55% powdered monoammonium phosphate in China was 3350 yuan/ton on March 6, and that of 55% powdered monoammonium phosphate in China was 3330 yuan/ton on March 10. The market price of monoammonium phosphate fell by 0.60% this week.

According to the data of Business News Agency, the average market price of 64% diammonium phosphate in China was 3980 yuan/ton on March 6, and the average market price of 64% diammonium phosphate in China was 3980 yuan/ton on March 10. The market price of diammonium phosphate was stable this week.

2、 Market analysis

The price of monoammonium phosphate fluctuated slightly this week. The price of raw phosphorus ore and sulfur rose, and the cost support was good. Downstream demand is weak, and intra-field transactions are small. As of March 10, the market price of 55 powdered ammonium in Hubei was about 3300 yuan/ton, the ex-factory price of 55 powdered ammonium in Henan was about 3250-3350 yuan/ton, and the market price of 55 powdered ammonium in Sichuan was about 3250-3450 yuan/ton, which was mainly based on actual negotiation.

The price of DAP was stable this week. The price of raw materials is high and the cost support is strong. The supply of diammonium chloride is tight and the price remains firm. At present, there are many orders to be issued, and most manufacturers suspend the receipt of orders. As of March 10, the 64% market price of diammonium chloride in North China was about 3950-4050 yuan/ton, and the 64% market price of diammonium chloride in Shandong was about 4000-4170 yuan/ton. The actual deal was negotiated.

In terms of raw sulfur, the price of sulfur in East China rose this week. The sulfur refinery unit operates normally, the market supply is stable, the terminal industry has good delivery and investment, and the enthusiasm of downstream purchase in the market has increased. The sulfur refinery is actively shipping, and some manufacturers have raised their prices according to their own inventory.

Phosphorus ore as raw material. The domestic phosphorus ore market rose slightly this week. With the coming of the spring planting season, the demand for phosphate fertilizer downstream of the phosphate rock terminal will also gradually increase. The demand side will give more support to the phosphate rock. The supply in the phosphate rock field will continue to be tight. With the joint support of supply and demand, the overall focus of the domestic medium and high-end grade phosphate rock market will continue to close up.

3、 Aftermarket forecast

According to the ammonium phosphate analyst of the business agency, the price of raw phosphorus ore and sulfur has risen recently, which has caused great cost pressure. The demand for monoammonium is light, and the transactions on the market are relatively small, and the pending orders for diammonium are mainly. It is expected that the stable operation of ammonium phosphate will prevail in the short term.