1、 Price trend

According to the data of the business club, the average ex factory price of powdered monoammonium was 1933 yuan / ton on November 1, and 2033.33 yuan / ton on November 25, up 5.17%.

According to the business club’s large list data, on November 1, the average ex factory price of 64% diammonium was 2356 yuan / ton, and on November 25, the average ex factory price of 64% diammonium was 2406.67 yuan / ton, an increase of 2.12%.

2、 Market analysis

In the middle and late November, the price of monoammonium phosphate continued to rise. In Anhui Province, 55% powdered ammonium was quoted at 2050-2100 yuan / T, and the start-up was stable. In Hubei Province, the ex factory quotation of 55% powdered ammonium is about 2050-2100 yuan / ton, and that of 60% powdered ammonium is 2310-2350 yuan / ton. The market in Henan maintained stable operation, 55% powdered ammonium was quoted at 2050 yuan / ton, and the start-up was stable. The ex factory quotation of 55% powdered ammonium in Shandong is 2150-2180 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 2000-2100 yuan / ton.

The market of diammonium phosphate rose in the first ten days of November. The mainstream ex factory quotation of 64% diammonium in Hubei Province is 2370-2450 yuan / ton, that in Shandong Province is 1820-1830 yuan / ton, and that in Yunnan Guizhou area is 2550-2600 yuan / ton. In Gansu Province, 64% DAP mainstream factory quotation is 2300-2450 yuan / T. The price of 64% diammonium at the first arrival station in Heilongjiang Province is about 2750-2800 yuan / ton.

Phosphate rock, China’s domestic phosphate ore market is still stable in recent years. I heard that the turnover of phosphate rock in Guizhou and Hubei is slightly loose, and the market is slightly weak. The main reason is that the demand of the downstream terminal is weak, the market is falling slightly, the new orders of phosphate rock are reduced, and the orders in the early stage are mainly processed. Therefore, in order to stimulate the shipment, some enterprises slightly reduced the actual transaction price. In the short term, the market price of phosphate ore may be adjusted in a narrow range.

3、 Future forecast

Ammonium phosphate analysts of the business society believe that the supply of monoammonium phosphate continues to decline, inventory is not under pressure, enterprises are limited to order, the support of downstream compound fertilizer demand is still, and the raw materials are rising. It is expected that the price of monoammonium phosphate will continue to rise in the short term. Under the favorable support of tight supply of DAP in the field and the start-up of winter storage, the demand for diammonium phosphate is expected to be strong, or will continue to rise steadily.