Price trend

Recently, fertilizer products have risen across the board, and Ammonium biphosphate is no exception. According to the data of SunSirs, the market price of powdered monoammonium on February 1 was 1,890 RMB/ton, and the market price of powdered monoammonium on February 29 was 1,993 RMB/ton, which rose 5.47% in February. As of now, the commodity index of Ammonium biphosphate on March 5 was 68.40, which was the same as yesterday, which was a decrease of 32.17% from the highest point of the cycle at 100.84 points (2011-09-13) and an increase of 10.16% from the lowest point of the cycle at 62.09 points on September 19, 2017. (Note: Period refers to 2011-09-01 to now)

Analysis review   

Product: The operating rate of enterprises began to increase slightly, and some enterprises in Hubei stopped. At present, the ex-factory price of 55% powdered ammonium in Hubei is 1,950-2,100 RMB/ton, and the ex-factory price of 60% powdered ammonium is 2,150-2,250 RMB/ton. The market in Henan region maintained stable operation. The ex-factory price of 55% powdered ammonium was 1,950-2,100 RMB/ton, and the ex-factory price of 58% powdered ammonium was 2,050-2,150 RMB/ton. 55% of the powdered ammonium powder in Shandong is priced at 1,950-2,100 RMB/ton, and the price is stable. 55% powdered ammonium in Sichuan is priced at 1,850-2,100 RMB/ton,.

Industrial chain: In February, the domestic sulfur market was relatively strong, domestic prices went up, but downstream starts were low, port inventories were still high, and consumption was slow. There was a lack of news guidance. The domestic sulfur market has a slightly flatter negotiation atmosphere. The enthusiasm for downstream downstream purchases has weakened and is mostly based on demand. Buyers and sellers have intentions to keep the price difference. The main players are to wait and see. At present, the domestic solid sulfur price is 430-660 RMB/ton, and the liquid sulfur price is 390-550 RMB/ton. At present, the start of the phosphate ore market is slow, and most of the companies in the market have not yet resumed production. The overall start of the market has remained low. There are not many new orders in the market, and the transaction recovery is slow. Most of them focus on digesting inventory.

Industry: According to the price monitoring of SunSirs, in February 2020, there were 28 kinds of commodities in the chemical sector that rose in the commodity price rise and fall list, of which 5 kinds of goods increased by more than 5%, accounting for 5.7% of the number of goods monitored in this sector ; The top three commodities were sulfur (10.60%), hydrofluoric acid (8.40%), and fluorite (8.05%). There were a total of 48 commodities with a decrease from the previous month, and a total of 27 commodities with a decline of more than 5%, accounting for 31% of the number of commodities monitored in this sector. The top three products were butadiene (-22.76%) and propane (-21.45). %), Hydrogen peroxide (-18.21%). The average monthly increase or decrease was -2.53%.

Market outlook

SunSirs analysts believe that the current price of Ammonium biphosphate is high and the transportation situation has started to improve. The price of raw material sulfur increased, and the rate of resumption of downstream compound fertilizer enterprises increased, driving the price of Ammonium biphosphate. The market is good, and the price of Ammonium biphosphate is expected to rise steadily in the later period.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.