Recently, the price of monoammonium has indeed declined. Although the quotations of monoammonium from some companies have been temporarily stable, the actual transaction has been loosened, ranging from 10-50 yuan (ton price, the same below). Hubei Dachang 55% powdered ammonium actually accepted the factory. At 1820-1850 yuan, it is reported that the low-end factory of small factories has long been below 1800 yuan, and the actual acceptance of 58% powdered ammonium from large factories has also dropped to around 1930-1950 yuan. It is heard that the low-end is below 1900 yuan, and some high-end early-stage 2,000 yuan Above, it has dropped to 1970 yuan recently. With the overall downward adjustment of monoammonium in Hubei, Henan and other places followed closely. However, there were also cases where individual quotations increased, mainly due to the fact that there were more orders to be issued and no orders were received. Actual transactions remained at the previous level.
Will the order situation of monoammonium get better with this price cut? The demand for monoammonium has not picked up significantly in the recent stage. It is reported that the compound fertilizer enterprises in North China are ideal and the overall operating rate is not high. Although the monoammonium reserves in the early stage are in stock and waiting to be sent to the plant, the consumption rate is slow, and the industry is in the fall. In the fertilizer production stage, the sales are not too good. In addition to the poor flow of compound fertilizers, the storage capacity is already small. There should be little intention to purchase new raw materials for monoammonium in the short term. Moreover, the autumn market is not over, and the winter storage of raw materials is not in a hurry. Put on the agenda.
The sales of compound fertilizers in autumn are not ideal. Compound fertilizer companies in various regions have also turned their attention to the winter storage market in the northeast, wanting to share a share in advance. The prices of winter storage compound fertilizers introduced by a few companies are lower, but they have not attracted more Orders, most dealers believe that it is too early to purchase winter fertilizer and lack confidence in the later fertilizer market, so they have a strong wait-and-see attitude. Similarly, the compound fertilizer companies and traders in the northeast are also holding a wait-and-see attitude towards monoammonium. It is heard that 55% powdered ammonium in Yunnan, Sichuan and other places arrives near 1960 yuan in the northeast, but this is 50 yuan higher for the intention of large traders. nearby.
The North China compound fertilizer is not well sold, and the northeast winter fertilizer storage started early but not good. These factors have brought certain obstacles to monoammonium, and the supply pressure of monoammonium has also increased in the recent stage. Most of the pending orders of the monoammonium companies in the early stage can be executed until mid-to-late August or the end of the month, and only a few can be executed until mid-September. In the current stage, business owners are waiting to be issued, and the new orders are not satisfactory, so the pending volume is relatively digested. Quickly, although the inventory pressure of enterprises will not be great in the short term, as demand intensifies, the inventory pressure of monoammonium enterprises will gradually increase.
The raw material sulphur is not ideal, and it cannot provide favorable support for monoammonium. In recent months, the price of sulphur in the port has been hovering around 600-650 yuan, and it has maintained a high port deposit of close to 3 million tons. The port deposit of the Yangtze River port is also 170- Nearly 1.8 million tons, and there are new ships every month. Domestic sulfur consumption is relatively slow. In the short term, the price of sulfur is unlikely to rise sharply. The support for the cost of monoammonium is weak. The industry thinks that the cost of monoammonium is low. The current selling price is more profitable, so the monoammonium market is not very optimistic.
On the whole, although the overall situation of monoammonium is not too bad, it is not optimistic. The price reduction of monoammonium is difficult to get a certain return. It is expected that the price of monoammonium may still fall.
Source: Chemical Network
