1、 Price trend
According to the data in the bulk list of the business agency, the average ex factory price of powdered monoammonium on February 24 was 1960 yuan / ton, and the average ex factory price of powdered monoammonium on February 28 was 1993 yuan / ton, up 1.7% this week. On February 28, the monoammonium phosphate commodity index was 66.72, up 1.11 points from yesterday, down 33.84% from the highest point in the cycle of 100.84 (2011-09-13), and up 7.46% from 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 February 24 was 2200 yuan / ton, and the average ex factory price of 64% diammonium on February 28 was 2200 yuan / ton. The price remained stable this week. The diammonium phosphate commodity index on February 28 was 65.62, unchanged from 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: the price of monoammonium phosphate rose slightly this week, and the operating rate of enterprises affected by the epidemic in Hubei Province was relatively low. 55% of powdered ammonium in Anhui Province is quoted 1900-2100 yuan / ton, and the construction is stable. In Hubei Province, the ex factory price of 55% powdered ammonium is about 1900-2100 yuan / ton, and the main ex factory price of 60% powdered ammonium is 1950-2200 yuan / ton. The market in Henan Province maintained stable operation, with 55% of ammonium powder quoted at about 1900 yuan / ton, and the construction started steadily. The ex factory quotation of 55% powdered ammonium in Shandong Province is 1900-2100 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 2000 yuan / ton.
Diammonium: the market of diammonium phosphate is stable this week, and the enterprise’s operating rate is about 50%. At present, 64% of the mainstream of diammonium in Hubei Province offers 2200-2400 yuan / ton, 64% of the mainstream of diammonium in Shandong Province 2200-2350 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 2250-2450 yuan / ton.
| Melamine |
Industry chain: at present, the trading and investment in the phosphorus chemical industry market has slightly improved, the downstream enterprises have gradually resumed work, and the overall market demand has gradually improved. However, at present, the construction progress of the phosphorus ore market is slow, most of the on-site enterprises have not yet resumed production, and the overall construction still remains at a low level. There are not many new transactions on the site, and the recovery of transactions is slow, mainly to digest inventory. Recently, compared with last week, the logistics and transportation conditions have been improved. Sulfur related downstream enterprises have resumed work one after another, and the operating rate of downstream mainstream enterprises has also increased.
Industry: > according to the price monitoring of the business agency, in the eighth week of 2020 (2.24-2.28), there are 14 kinds of commodities rising month by month in the list of commodity prices in the chemical industry sector, among which there are two kinds of commodities rising by more than 5%, accounting for 2.3% of the number of commodities monitored in the sector; the top three commodities are sulfur (18.44%), liquid ammonia (7.51%) and ammonium chloride (2.44%). There are 29 commodities with a decline of 5% or more, accounting for 2.3% of the monitored commodities in the sector; the top three products with a decline are propane (- 8.49%), epichlorohydrin (- 7.81%) and R134a (- 5.00%). This week’s average was – 0.33%.
3、 Future forecast
According to analysts of business association ammonium phosphate, at present, monoammonium has a large shipment volume, transportation has gradually recovered, and downstream procurement is active. The market of diammonium is stable, and downstream traders mainly digest inventory. It is expected that the rising trend of monoammonium phosphate will be suspended in the later period, and the market of diammonium phosphate will run smoothly with little fluctuation.
| EDTA 2Na |