Market downturn, before the Spring Festival, the market of ammonium phosphate is still weak(1.13-1.20)

1、 Price trend

 

According to the data in the business club’s large scale list, the average ex factory price of powdered monoammonium on January 13 was 1906 yuan / ton, and the average ex factory price of powdered monoammonium on January 20 was 1890 yuan / ton, with a drop of 0.87% this week. On January 20, the monoammonium phosphate commodity index was 63.26, unchanged from yesterday, 37.27% lower than the cycle’s highest point of 100.84 (2011-09-13), and 1.88% higher than the lowest point of 62.09 on September 19, 2017. (Note: cycle refers to 2011-09-01 to now)

 

EDTA

According to the data in the business club’s large scale list, the average ex factory price of 64% diammonium on January 13 was 2200 yuan / ton, and the average ex factory price of 64% diammonium on January 20 was 2200 yuan / ton. The price remained stable this week. The diammonium phosphate commodity index on January 20 was 65.62, which was the same as yesterday, a new low in the cycle, 36.28% lower than the highest point of 102.98 on October 8, 2011. (Note: cycle refers to 2011-09-01 to now)

 

2、 Market analysis

 

Monoammonium phosphate: this week monoammonium phosphate stable small and medium-sized drop, enterprise operating rate of about 40%. The factory quotation of 55% powdered ammonium in Anhui Province is 1850-1950 yuan / ton, and the commencement is stable. In Hubei Province, the factory price of 55% powdered ammonium is 1850-1950 yuan / ton, and that of 60% powdered ammonium is 2000-2100 yuan / ton. The market in Henan Province has maintained stable operation, and 55% of ammonium powder has been quoted at about 1850 yuan / ton, with stable start-up. The ex factory quotation of 55% powdered ammonium in Shandong Province is 1900-2050 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 1900 yuan / ton.

 

Diammonium phosphate: this week, diammonium phosphate is running steadily, and the enterprise’s operating rate is about 50%. At present, 64% of the mainstream of diammonium in Hubei Province offers 2200-2300 yuan / ton, 64% of the mainstream of diammonium in Shandong Province 2250-2350 yuan / ton, 64% of the mainstream of diammonium in Yunnan Guizhou Province 2300-2450 yuan / ton, and 64% of the mainstream of diammonium in Anhui Province 2300-2450 yuan / ton.

 

Melamine

Industry chain: this week, the phosphorus ore market is stable, the market is light, the downstream is sporadically replenished, and the market atmosphere is heavy. At present, the demand of the phosphorus ore market in Guizhou Province is low, and the price of 30% ammonium phosphate ore truck plate is around 320-360 yuan / ton; the phosphorus ore market in Yunnan Province is stable, and the price of 28% ammonium phosphate ore truck plate in Yunnan Province is 270-290 yuan / ton; the price of 30% grade phosphate ore in Guangxi Province is factory price Grid reference is around 325-360 yuan / ton. The sulfur trend this week was stable. On January 20, the mainstream price of solid sulfur and liquid sulfur in Sinopec Shandong was 480-510 yuan / ton and 400-450 yuan / ton respectively. The mainstream price of solid sulfur in Sinopec North China is 400-440 yuan / ton, and the mainstream price of liquid sulfur is 380-420 yuan / ton.

 

Industry: according to the price monitoring of the business agency, there are 20 kinds of commodities rising month on month in the second week of 2020 (1.13-1.17) in the list of commodity prices rising and falling in the chemical industry sector, the top three commodities rising are acetone (4.08%), acetic acid (3.92%) and dichloromethane (3.63%). There are 24 kinds of commodities falling on a month on month basis, with 2 kinds of commodities falling by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three products falling are glycol (- 5.93%), propane (- 5.26%), and ammonium chloride (- 3.91%). This week’s average was – 0.08%.

 

3、 Future forecast

 

According to analysts of business association ammonium phosphate, the Spring Festival is approaching, the market supply is strong and the demand is weak, the downstream enthusiasm of ammonium phosphate is poor, and the manufacturers mostly execute the early orders. It is expected that the monoammonium market will continue to operate in a weak position in the later period, and the low level of diammonium will be consolidated, and the overall market of ammonium phosphate will remain stable before the festival.

EDTA 2Na