1、 Price trend

According to the bulk list data of business cooperatives, the average market price of 55% powdered monoammonium was 3400 yuan/ton on September 1, and 3150 yuan/ton on September 28. The market price of monoammonium phosphate fell 7.35% this month.

According to the bulk list data of business cooperatives, the average price of 64% diammonium phosphate on September 1 was 4350 yuan/ton, and on September 28, the average price of 64% diammonium phosphate on September 28 was 4050 yuan/ton. The market price of diammonium phosphate fell by 6.9% this month.

2、 Market analysis

The overall trend of monoammonium phosphate price fell this month, and the market rose slightly at the end of the month. In the first ten days of September, the demand for monoammonium phosphate was poor, and the downstream procurement was mainly on demand, and the price of monoammonium phosphate fell. In the middle of September, the monoammonium started to operate in a small amplitude of vibration and consolidation until the end of the month. As the price of raw sulfur continues to rise, the cost support is good. At the end of the month, the delivery direction of monoammonium is good, the manufacturer’s shipment is smooth, and the price of monoammonium rises slightly. As of September 28, the ex factory quotation of 55 powdered ammonium in Hubei was 2800-2950 yuan/ton, that in Anhui was about 3050 yuan/ton, and that in Sichuan was 2900-3600 yuan/ton. The actual transaction was negotiable.

The overall price trend of diammonium phosphate fell this month, and the market rose slightly at the end of the month. In the first half of September, the downstream demand of diammonium chloride was insufficient, and the price was lowered one after another for the purpose of digesting inventory. The market was weak. In the second half of September, diammonium chloride was reorganized and operated in a volatile manner, with good market trading and investment. Downstream purchases were made on demand, new orders increased, and prices fluctuated in a narrow range. As of September 28, 64% of diammonium chloride in Hubei had quoted 3350-3500 yuan/ton, 64% of diammonium chloride in Guizhou had quoted about 3800 yuan/ton, and 64% of diammonium chloride in Yunnan had quoted 3800-4200 yuan/ton. The actual transaction was negotiated.

Phosphorus ore as raw material. In September, the overall performance of the domestic phosphorus ore market was mainly stable. At the beginning of September, the overall market of domestic medium and high-end grade phosphorus ore was slightly down, and the price of some mining enterprises was slightly down by 10-20 yuan/ton. The terminal demand is average, which affects the mentality of the industry, and the overall market atmosphere is weaker than that at the end of August. In the middle and late September, the domestic phosphorus ore market was generally stable and consolidated. The supply in the phosphate rock yard is still tight, with less spot circulation. Some mining enterprises mainly implement early orders, and supply more pre orders. Therefore, the supply side continues to give some support to the phosphate rock market. As of September 28, the reference average price of 30% grade phosphorus ore in mainstream areas in China is around 1064 yuan/ton.

Raw sulfur. Sulfur prices in East China rose sharply this month. On the downstream side, the sulphuric acid market was sorted up, and the factory actively prepared goods before the festival, and the price was raised. The ammonium phosphate market is operating steadily, the downstream market is improving, the demand for sulfur procurement is increasing, the port market is operating strongly, and the carrier supports the market operation to boost the domestic sulfur market. The sulfur refinery in Shandong Province prepares goods downstream before the festival, and the enterprise’s shipment is smooth, and the quotation is raised. As of September 28, the sulfur price of refinery enterprises in Shandong Province has been raised. The mainstream price of solid sulfur is about 1300-1500 yuan/ton, and the range has been increased by 30 yuan/ton; The mainstream price of liquid sulfur is 1350-1450 yuan/ton, and the maximum price is increased by 30 yuan/ton.

3、 Future market forecast

Ammonium phosphate analysts from the business community believe that the current trend of ammonium phosphate market is consolidating. The trend of raw sulfur is good, the cost support is strong, and the manufacturer sells at a high price. The downstream is mainly purchased on demand, and the phosphate fertilizer market is steadily promoted in autumn. It is expected that the market of ammonium phosphate will be stable in the short term, mainly with small fluctuations.