1、 Price trend

According to the bulk list data of business cooperatives, the average price of 55% of domestic powdered monoammonium was 3466 yuan/ton on December 5, and 3550 yuan/ton on December 9. This week, the market price of monoammonium phosphate rose 2.40%.

According to the data from the bulk list of business cooperatives, the average price of 64% of domestic diammonium phosphate market was 3866 yuan/ton on December 5, and 3900 yuan/ton on December 9. The market price of diammonium phosphate rose 0.86% this week.

2、 Market analysis

The price trend of monoammonium phosphate continued to rise this week. The price of raw sulfur rose and the cost side was favorable. The quotation of the enterprise is firm, the downstream procurement is mainly based on demand, and the high price transaction is limited. The price of diammonium phosphate rose this week. The market supply is tight, the supply of goods is low, and the price of diammonium is firm. Most manufacturers suspend quotation, mainly issuing advance orders in the early stage. As of December 9, the ex factory quotation of 55 powdered monoammonium in Hubei is about 3500-3600 yuan/ton, that in Sichuan is about 3550 yuan/ton, and that in Henan is about 3550 yuan/ton, which is mainly based on actual negotiation. 64% of the diammonium market in Shandong Province quoted 3900-4000 yuan/ton, and 64% of the diammonium market in Yunnan Province quoted 3900-4000 yuan/ton when arriving in North China. The actual transaction was negotiated.

In terms of raw sulfur, the price of sulfur in East China rose this week. On December 9, the average price of sulfur in East China was 1513 yuan/ton. The sulfur quotation of refinery enterprises in Shandong is temporarily stable, and the mainstream price of solid sulfur is about 1430-1680 yuan/ton; The mainstream price of liquid sulfur is 1380-1550 yuan/ton. The terminal phosphate fertilizer winter storage market has been actively promoted, the demand for market procurement has increased, the manufacturers have been actively shipping, the market delivery is smooth, and the short-term sulfur market is forced.

In terms of raw phosphorus ore, the domestic phosphorus ore market this week was generally stable. Near the end of the year, some mining enterprises have closed their mines and stopped mining. The overall supply of medium and high-end grade phosphorus ore in the site is still tight. The price of some mining enterprises in Guizhou has been implemented until the end of the year, and the overall news of phosphorus ore is relatively calm. As of December 9, the domestic phosphorus ore market price is around 1030-1080 yuan/ton, and the price of 28% grade phosphate ore is around 950-980 yuan/ton. There is also a gap between the specific price and the original ore specification, powder to lump ratio and other factors, and the details need to be negotiated.

3、 Future market forecast

Ammonium phosphate analysts from the business community believe that the current operating rate of ammonium phosphate is at a low level, and the on-site supply is tight. The price of raw materials rose and the cost support was good. It is expected that the ammonium phosphate market will continue to rise steadily in the short term under the support of raw materials, tight supply and waiting for development.