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Phosphate fertilizer: When did diammonium spring arrive?
Mar 25, 2018

Since the Lantern Festival, diammonium has entered the market with a sturdy and provocative attitude. Enterprises have sufficient early orders, and the market demand in the latter period is promising. Enterprises hold more optimistic attitudes, but they are contrary to expectations. A few waves of snowfall in North China make market sales push again. Pushing, in the face of higher prices, the downstream market is getting hesitant.

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From the price chart of 2017-2018, it is easy to see that the price of 2018 diammonium is about 200-300 yuan/ton higher than in previous years. In the face of higher prices, the degree of downstream acceptance is not high, but looking at the demand from the bottom It can be seen that the northeast corn planting is expected to begin in mid-to-late April. Although the snowfall pushes the sales schedule further, the overall demand in the Northeast can still be supported.

The

The sulphur prices of raw materials are weak. The trading companies in Hong Kong are relatively firm, but there is no doubt that the weak signals have been released. The Hong Kong offer was cautious and negotiated on-demand. It was heard that there were few transactions at low prices. This indicates that the consumption of raw materials in the ammonium phosphate market is not positive. The volatility of liquid ammonia in the Hubei region is relatively small, and the high-end price in the early stage after the Spring Festival has gradually disappeared. Therefore, raw material support is slightly insufficient.

Diammonium enterprises are currently operating at a rate of around 60. Faced with a relatively light domestic market, a small number of enterprises have started to transport goods to the Yangtze River ports, including Zhenjiang, Nanjing and Nantong, and are ready to export. In the event that domestic demand gradually weakens, enterprises It will also gradually shift the market towards exports, but the international market also has a conflict with higher prices in China.

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Based on the above points of view, diammonium is decisive factor is whether the future demand can come as expected, whether the demand for spring plowing in the northeastern market can bring spring to diammonium, and whether the international market, especially India, can accept after increasing the government's ammonium phosphate subsidies. The price of China, which will determine when the spring of diammonium comes.


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