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SunSirs: The Ammonium Phosphate Market Rose Steadily in July

August 06 2020 15:17:41     SunSirs (John)

Price trend

According to the data of SunSirs’ bulk list, the average ex-factory price of powdered ammonium biphosphate on July 1 was 1,883 RMB/ton, and the average ex-factory price of powdered ammonium biphosphate was 1,900 RMB/ton on July 31, an increase of 0.89%.

According to the data of SunSirs’ bulk list, the average ex-factory price of 64% DAP was 2,185 RMB/ton on July 1, and the average ex-factory price of 64% DAP was 2,202 RMB/ton on July 31, an increase of 0.76%.

Analysis review

The price of ammonium biphosphate rose slightly in July, and the operating rate of enterprises was about 85%. The ex-factory price of 55% powdered ammonium biphosphate in Anhui area was 1,900-1,950 RMB/ton, and the construction started smoothly. The ex-factory price of 55% powdered ammonium biphosphate in Hubei was around 1,850-1,950 RMB/ton, and the mainstream ex-factory price of 60% powdered ammonium biphosphate was 2,000-2,100 RMB/ton. The market in Henan maintained stable operation, and the ex-factory price of 55% powdered ammonium biphosphate was around 1,900 RMB/ton, and the start of construction was stable. The ex-factory price of 55% of powdered ammonium biphosphate in Shandong was 1,850-1,950 RMB/ton, and the price was stable. The ex-factory price of 55% powdered ammonium biphosphate in Sichuan was around 1950 RMB/ton.

The price of DAP rose slightly in July, and the operating rate of enterprises was about 53%. The mainstream factory price of 64% DAP in Hubei area was 2,150-2,250 RMB/ton, the mainstream factory price of 64% DAP in Shandong area was 2,200-2,250 RMB/ton, and the mainstream factory price of 64% DAP in Yunnan-Guizhou area was 2,300-2,450 RMB/ton. , The mainstream ex-factory price of 64% DAP in Anhui area was 2,200-2,350 RMB/ton. The mainstream ex-factory price of 64% DAP in Gansu area was 2,250-2,350 RMB/ton. The first arrival price of 64% DAP in Heilongjiang area was about 2,400 RMB/ton.

In July, the raw material phosphate ore market was mainly stable, and the downstream demand was insufficient. Industry players cautiously wait and see. Some mining companies lowered their phosphate ore prices. In July, the raw material sulfur market was operating weakly, and the price trend at the end of the month rose slightly. The performance of the domestic sulfur market was tepid. The downstream factories and traders were less motivated to enter the market for purchasing, insufficient follow-up purchases, limited demand, high inventory at the port, slow consumption, and lack of substantive information guidance on internal and external markets. The stalemate between buyers and sellers was mainly to wait and see.

Market outlook

The ammonium phosphate analyst of SunSirs believes that the market for ammonium phosphate raw materials in July is not good, the demand for downstream compound fertilizers is weak, and the market transactions are limited. Currently, the price of ammonium biphosphate is firm, and the international market demand for DAP is improving. It is expected that in August, the ammonium biphosphate will fluctuate slightly and the price of DAP will increase.

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