Price Trend
According to the data of business associations, the market trend of powdered ammonium has been stable this week. The average price at the beginning of the week is 2200 yuan per ton, and at the end of the week it is 2200 yuan per ton.
| Gamma PGA |
II. Market Analysis
Products: At present, the domestic ammonium market is running steadily and the price is stable. At present, the market in Anhui maintains stable operation, 55% of the ammonium powder factory quoted 2100 yuan-2200 yuan/ton, and the start-up is stable; 60% of the mainstream ammonium powder factory quoted 2300-2400 yuan/ton in Hubei, which maintains stable operation; the market in Henan maintains stable operation, 55% of the ammonium powder factory quoted 2100 yuan/ton, and the start-up is stable. The overall start-up rate of enterprises is about 50%.
Industry chain: upstream phosphoric acid enterprises start stable, spot supply is tight, stock of raw materials is urgent, supply is difficult to find, high offer of the holder. Domestic sulphur market prices are down, but still at a lower price. Maintaining stable operation of domestic phosphate ore market is dominant, with small fluctuations in some areas. The downstream compound fertilizer enterprises are cautious in picking up the goods, and most of them remain on the sidelines.
| Gamma PGA 30% fertiliser grade |
3. Future Market Forecast
Ammonium phosphate analysts believe that downstream enterprises are in low demand, most of them are cautious and wait-and-see attitude, but there is still a gap in autumn fertilizer. The market of monoammonium phosphate may run steadily in the short run.