1、 Price trend

According to the data in the business club’s large list, the average ex factory price of powdered monoammonium was 2083 yuan / ton on April 1, 1962 yuan / ton on April 30, and the price fell 5.80% in the month.

According to the data in the business club’s large list, on April 1, the average ex factory price of 64% diammonium was 2225 yuan / ton, on April 30, the average ex factory price of 64% diammonium was 2195 yuan / ton, and the price fell 1.35% in the month.

2、 Market analysis

Monoammonium phosphate: this month, the market of monoammonium phosphate was cold, and the price continued to fall. The factory quotation of 55% powdered ammonium in Anhui Province is 1900-2000 yuan / ton, and the commencement is stable. In Hubei Province, 55% of the total price of powdered ammonium is about 1850-1950 yuan / ton, and 60% of the total price of powdered ammonium is 2100-2200 yuan / ton. The market in Henan Province has maintained stable operation, and 55% of ammonium powder has been quoted about 1950 yuan / ton, with stable start-up. The ex factory quotation of 55% powdered ammonium in Shandong Province is 1800-1900 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 1950 yuan / ton.

Diammonium phosphate: this month, the market trend of diammonium phosphate is not good, and the focus is gradually turning to the export market. At present, 64% of mainstream diammonium in Hubei Province offers 2150-2200 yuan / ton, 64% of mainstream diammonium in Shandong Province 2200-2300 yuan / ton, 64% of mainstream diammonium in Yunnan Guizhou Province 2300-2450 yuan / ton, and 64% of mainstream diammonium in Anhui Province 2200-2350 yuan / ton. 64% of mainstream diammonium in Gansu Province is priced at 2250-2400 yuan / ton. The price of 64% diammonium at the first station in Heilongjiang Province is about 2500 yuan / ton.

Industrial chain: since April, the domestic phosphorus ore market as a whole has continued to operate stably, the market has remained stable and consolidated, the market as a whole has almost no fluctuation, the factory continues to supply old orders, and the new single increment is still small. At present, the quotation of several major sales areas of domestic phosphorus ore is relatively stable. The price of raw sulfur fell sharply in April. On April 30, the reference price of sulfur was 513.33, down 18.09% compared with April 1 (626.67). In April, the trend of compound fertilizer enterprises was depressed, the transaction focus continued to fall, and the future situation was not optimistic.

Industry: according to the price monitoring of the business agency, in April 2020, there are 39 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 26 kinds of commodities with an increase rate of more than 5%, accounting for 29.2% of the number of commodities monitored in the sector; the top three commodities with an increase rate are acetone (77.02%), acrylic acid (21.76%) and hydrogenated benzene (20.86%). There are 45 kinds of commodities falling on a month on month basis, 21 kinds of commodities falling by more than 5%, accounting for 23.6% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 31.64%), butadiene (- 24.14%) and hydrochloric acid (- 22.37%). This month’s average rise and fall was 0.37%.

3、 Future forecast

Analysts of business association ammonium phosphate think that in April, the raw material market of ammonium phosphate was not good, and the downstream demand was reduced, resulting in a continued downturn in the trend of ammonium phosphate. The trading volume decreased when monoammonium phosphate turned to off-season. The domestic demand for DAP decreased and gradually turned to export, with low price. It is expected that the weak trend of ammonium phosphate market will continue in the later period.