The recent nitrogen fertilizer urea has indeed become a "net celebrity" in the fertilizer circle. The price continues to soar, and the price increase frequency is even more alarming. The increase in many places has reached as high as 100-200 yuan/ton. Even if the grassroots transactions are not good, Wholesale prices are also rising; at present, domestic agricultural market demand is weak, scattered goods are sold, and the grassroots inevitably has no market. It is in conflict with the high price of urea after the price increase. In the early stage of urea price increase, the purchasing enthusiasm of large agricultural suppliers was stimulated. The price of urea continues to soar, and its operation of urea has become cautious. The operating rate of industrial compound fertilizer plants is slowly rising, and the purchase of raw materials is relatively limited. The reason for the price increase of urea is mostly because of successive bidding in India and local urea companies. Overhaul, before August 10, urea was still optimistic due to the positive signs of printing. The price increase of urea is still blowing. The small nitrogen fertilizer ammonium chloride is finally waiting for the "east wind"?
First of all, the price increase trend of urea still supports the price of ammonium chloride. The domestic urea market demand is weak, so industry insiders are concerned about the long-term trend of urea and the increase. With the soaring price of urea, a few urea companies that have been overhauled have also resumed production. The urea-loading companies have increased the volume today, and a new urea plant in Shandong has also shipped normally. The overall supply on the market has increased, and the domestic market has become unbalanced. However, the successive printing labels have supported the increase in domestic urea prices. Strong support is a ray of wind in the ammonium chloride market.
Secondly, the ammonium chloride enterprises themselves are operating at a relatively high level, and inventory is a factor that cannot be ignored. The soda ash market has rebounded moderately in the near term, and prices in various regions have been adjusted upwards, which to a certain extent alleviated the cost pressure of Hou Soda enterprises in the first half of the year. Therefore, enterprises should "strike while the iron is hot" and there is no maintenance plan in the short term. According to statistics, as of the overall Hou Soda enterprises The industry operating rate is around 72%. Except for a few ammonium chloride companies that have been shut down for a long time, all plants are under normal operation, and the later starts are still recovering; in addition, a large factory in Henan still has an ammonium chloride plant that has plans to increase production in the second half of the year. The ammonium chloride plant of a certain plant planned to be put into production in Gansu should not be underestimated.
Once again, the domestic demand for ammonium chloride is weak, and the business transactions are slow and lack of support from large orders. The overall industry operating rate of compound fertilizer companies is slowly rising. According to statistics, about 57.17% so far. The terminal market uses fertilizers in the off-season, and the collection of wheat fertilizers is not good. The production enthusiasm of enterprises is low, and the southern market is affected by rainfall. The time was delayed and the amount of fertilizer used was significantly reduced. At the same time, the early transportation was also affected to a certain extent. The delivery speed and delivery volume of ammonium chloride were reduced; there was still demand for ammonium chloride in North and East China in the middle. , But after all, the demand is limited, but the winter storage in the northeast region that has attracted much attention can still be expected; in addition, according to some ammonium chloride companies, the export volume is acceptable, which has eased the surplus in the domestic market.
Finally, taking advantage of the price increase momentum of urea, ammonium chloride can also be proud of it, and the “wind” of the price can blow, but after all, the support of urea is just a “side-by-side attack”. The key depends on the ammonium chloride itself. The supply and demand situation of ammonium chloride enterprises is at a high level and demand is weak. It is expected that the market will run weakly, but the market is still expected in the second half of the year.
Source: Chemical Network
