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SunSirs: Market Price of Diammonium Phosphate Kept stable This Week (December 30-January 3)

January 07 2020 09:54:42     SunSirs (John)

Price trend

According to the data of SunSirs, the market price of DAP kept stable this week. At the beginning of the week, the average ex factory price of 64% of DAP in China was 2,200 RMB/ton, and the average ex factory price at the end of the week was 2,200 RMB/ton, which was stable compared with that of last week.

 

Analysis review        

Product: At present, 64% of mainstream DAP in Hubei Province is quoted at 2,200-2,300 RMB/ton, 64% of mainstream DAP in Shandong Province is quoted at 2,200-2,400 RMB/ton, 64% of mainstream DAP in Yunnan Guizhou Province is quoted at 2,250-2,450 RMB/ton, 64% of mainstream DAP in Anhui Province is quoted at 2,200-2,400 RMB/ton, and 64% of mainstream DAP in Northwest China is quoted at 2,200-2,400 RMB/ton.

Industrial chain: In terms of raw materials, the domestic phosphorus ore market is mainly stable, with small fluctuations in some areas. This week, the market price of sulfur remained stable with little fluctuation. The domestic liquid ammonia market is stable.

 

Market outlook

According to analysts of DAP in SunSirs, it is now the off-season of DAP, with less demand and low price. It is expected that the price of DAP will be mainly consolidated in the later period.

 

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

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