1、 Price trend
| Gamma-PGA (gamma polyglutamic acid) |
According to the commodity market analysis system of the business community, the average price of 55% of the domestic powdered monoammonium was 3126 yuan/ton on April 17, and 3086 yuan/ton on April 23. The market price of monoammonium phosphate fell 1.28% this week.
According to the commodity market analysis system of the business community, the average price of 64% of the domestic diammonium phosphate market was 3943 yuan/ton on April 17, and the average price of 64% of the domestic diammonium phosphate market was 3943 yuan/ton on April 23. The price of diammonium phosphate market was stable this week.
2、 Market analysis
The price of monoammonium phosphate fell this week. The prices of raw phosphorus ore and sulfur have fallen, weakening cost support. Downstream demand is sluggish, with few new orders traded. As of April 23, the market price of 55 powdered ammonium in Hubei region is around 2850-3000 yuan/ton, while the market price of 55 powdered ammonium in Sichuan region is around 2900-3050 yuan/ton, with actual negotiations being the main focus.
The price of diammonium phosphate remained stable this week. The prices of raw materials continue to weaken, and cost support is weak. Downstream demand is light, with small purchases being the main focus, and market trading performance is average. As of April 17th, 64% of the diammonium market in Hubei region has quoted around 3850-3950 yuan/ton, while 64% of the diammonium market in Yungui region has quoted around 3700-4100 yuan/ton, with actual transaction negotiations.
| Bacillus thuringiensis |
In terms of raw sulfur, the price of sulfur has dropped this week. The sulfur manufacturer’s equipment is operating normally, the market supply is stable, the end industry consumption is sluggish, the main downstream market is weak and declining, the market’s new orders are insufficient, demand is poor, and refinery shipments are hindered. The operators have a pessimistic mentality, and some refinery quotations have been lowered to stimulate shipments, resulting in a weak short-term sulfur market trend.
In terms of raw phosphorus ore, the domestic phosphorus ore market remained stable and declined this week. In early April, due to the low start of downstream yellow phosphorus production, the weak operation of yellow phosphorus from bottom to top affected the atmosphere in the phosphate ore field, and the market situation of some areas of the domestic phosphate ore market adjusted downward. Entering this week, the domestic phosphate ore market stabilized and prices fell again.
3、 Future Market Forecast
Analysts from the Business Society believe that the recent poor price trend of ammonium phosphate raw materials has resulted in insufficient cost support. Terminal demand remains sluggish and trading volume is relatively low. The weak market situation of ammonium phosphate is difficult to improve, and it is expected that the price of ammonium phosphate will continue to decline in the short term.
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