According to the data from the business associations’list, the market of powdered ammonium rose steadily this month, with an average price of 2150/ton at the beginning of the month and 2183 yuan/ton at the end of the month, with a slight increase in price.
II. Market Analysis
Product: By the end of May, the enterprise is still carrying out the pre-order. The market price is about 2000-2200 yuan/ton. Although the market price does not fluctuate greatly, the downstream customers’purchasing demand is not high, the market is weak, and the new order turnover is slightly small, which will maintain stable operation in the short term. At present, 60% of the mainstream ammonium powder factory quoted 2200-2400 yuan/ton in Hubei area, maintaining stable operation as a whole; Henan market maintained stable operation, 55% of ammonium powder factory quoted 2000 yuan-2100 yuan/ton, stable start-up; Anhui market maintained stable operation, 55% of ammonium powder factory quoted 2000 yuan-2200 yuan/ton, stable start-up. Most enterprises have normal operation of equipment, normal orders and normal delivery.
Industry chain: The price of upstream raw material phosphoric acid market declined slightly, and the volume of new single transaction was general. Sulphur prices have fallen and supplies are modest. The demand for ammonium in downstream compound fertilizer enterprises is weak.
3. Future Market Forecast
Analysts of business association monoammonium phosphate believe that the overall starting rate of downstream compound fertilizer enterprises is low, the demand is weak, and the price of Monoammonium market is stable in the short term.