Ammonium Phosphate Domestic Exports Are Cold and Uninterrupted

Nearly a month after the opening of the export gate, the domestic sales of ammonium phosphate are chilly. The diammonium concentration port steadily proceeded, export prices remained low, and the North China fertilizer market replenished, and diammonium prices fell sharply year-on-year. Mono-ammonium declined, prices continued to decline for several months and still not bottomed out. The industry is generally bearish.

The sales of diammonium in the diammonium North China market have been started, and dealers reported that the prices have fallen sharply year-on-year while the volume of goods taken away has decreased. Hebei Langfang Guoxing dealers said that local diammonium sales were tepid, and 64% of diammonium mainstream wholesale price was 3,200-3,300 yuan (t price, the same below), a year-on-year decrease of around 150 yuan. Henan Shangqiu took the first line to take the goods, dealers to digest the winter storage stocks, diammonium prices also fell 150 to 200 yuan year-on-year, the local Sun surname dealers said that the next replenishment has been delayed for more than a month, because The volume of winter reserves is too large, but sales are decreasing.

According to the dealers, diammonium sales in Henan, Hebei, and Shandong have gradually declined, mainly due to changes in fertilizer habits of farmers, and new compound fertilizers such as slow-release fertilizers are increasingly sought after. According to this trend, dealers stated that they will reduce the volume of diammonium in autumn.

The manufacturers are still trying their best to set up ports, with less domestic shipments and lower prices. Last week 64% of diammonium North China mainstream station price 3000 ~ 3100 yuan, 57% to station price 2750 ~ 2800 yuan. The domestic price pressure is mainly limited by the export price. After the international diammonium price continued to oscillate last week, it stabilized. China's export FOB price is 495-505 US dollars, and some low-end export prices are about 485 US dollars, equivalent to only 2,650 yuan.

A few days ago, the relevant person in charge of Yuntianhua's International Marketing Department stated that under the situation that the purchase of Indian trains for diammonium increased significantly year-on-year, and the subsidy for phosphate fertilizers fell by 14%, this year's low-priced diammonium export is a foregone conclusion. However, the export volume should not change significantly year-on-year, and it will be maintained at around 4 million tons. According to this export volume, there will be about 600,000 tons of excess domestically in the autumn market, and there will be greater downward pressure on prices in the autumn market in the autumn market.

The price of monoammonium-ammonium fell short and it has not yet bottomed out. The operating rate of Hubei and Sichuan manufacturers remained at 23%, but the inventory pressure was still high. In the current market, compound fertilizer manufacturers are participating in the Fed, but traders rarely shoot. A trader in Shandong said that the price of 55% powder in Shandong last week had dropped to 2050 to 2080 yuan, and 58% to 2200 yuan. The trader said that there is still room for exploration of ammonium.

Southwest manufacturers were subject to shipping pressure. The recent ex-factory price broke the bottom line again, and the 55% powder ex-works price fell below 1900 yuan. Under the premise that the prices of ammonia and ammonia have continued to sink, there is no support for ammonium.