Last week, the domestic monoammonium phosphate market was weak. The price of sulfur of upstream raw materials was adjusted in a narrow range, the reference price of sulfur of solid particles in the Yangtze River port was 935 yuan (ton price, the same below), the price of synthetic ammonia fell in a narrow range, the price of phosphate rock remained stable, and the price of 28% ship plate in Hubei was 980~1020 yuan, and the cost support still existed. The number of pending orders of enterprises has declined, the inventory has an upward trend, and some factories continue to implement the minimum guarantee policy, but the new orders are still weak to follow-up, the market has limited large orders, small orders are sporadically replenished, and most of the actual transactions remain negotiated. In summer, compound fertilizer is mainly high-nitrogen fertilizer, so compound fertilizer enterprises have limited demand for monoammonium phosphate, and their enthusiasm for receiving goods is low, and only a small amount just needs to take the goods. Due to sluggish demand and limited production enthusiasm, some enterprises gradually lowered their production plans, and most of the small enterprises were in a state of shutdown, and the production reduction and maintenance of the device gradually increased, the overall output was reduced, and the market supply showed a downward pattern.
At present, the shipment of enterprises is affected by the season, the downstream goods are light, the price is not favorable, and the market is difficult to improve. In the short term, it is expected that the domestic monoammonium phosphate market will remain weak. Last week, the domestic diammonium phosphate market was sorted out. The price of synthetic ammonia, the upstream raw material, fell in a narrow range, the price of sulfur and phosphate rock remained stable, and the cost support still existed. Enterprises continue to implement pending and export orders, domestic orders follow up less, prices are stable and small, and actual orders are mainly negotiated. The domestic market demand has slowed down, and some companies have shifted their sales focus to the international market, but the recent decline in prices in the international market has not met expectations. Some enterprises plan to overhaul, and there is a downward trend in start-up. The downstream market has been affected by urea recently, and the current spring plowing and fertilizer preparation in most areas has entered the stage of demand sweeping, most of the sources have sunk to the grassroots hands, and traders are mainly based on a small number of supplementary orders, and the market transaction is tepid. Under the circumstance that the follow-up of new orders continues to be unsatisfactory, traders are slow to move goods, and the mentality of selling goods is strong, and prices in some areas have been loosened. It is expected that the domestic diammonium phosphate market may be weak in the short term.
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Please indicate in the following format for reprinting: Source: Agricultural Resources Herald Author: Mu Weijiu Editor: Chen Ran Review: Wang Meihong Producer: Wu Junsheng