Diammonium Phosphate: Poor Exports Minority Firms Exploratory Transition to China

On Tuesday, the diammonium market fluctuates little, and most companies still focus on exporting to Hong Kong. However, due to the devaluation of the Indian ruble this year, the import volume of India has dropped significantly, and domestic diammonium exports have decreased significantly, although companies and traders are still Actively looking for other markets, but only exports in June fell compared to previous years, in view of this situation, a small number of domestic large-scale dealers began to tentatively turn to the domestic market, mostly based on the Fed joint sales. The domestic market was lightly traded. The terminal market basically had no transaction, and the wholesale chain was relatively stable. The wholesale price of diammonium 64% was 3,450-3,550 yuan/ton. In the northeast region, diammonium had no market, and the use of fertilizer ended. In addition to a small amount of shipments from Xinjiang, the Northwest region has basically no demand in Shaanxi and Gansu, 64% of diammonium in Xinjiang, and the wholesale price is 3,550 yuan/ton, and the price is stable. In eastern China and central China, there is a small amount of new diammonium. Dealers do not get much, 64% diammonium wholesale offer 3450-3550 yuan / ton, sporadic transactions. Zhuo Chuang believes that domestic demand for diammonium is insufficient in the near future, but a few companies have already started the Fed, but dealers are not in a hurry to make money, and manufacturers are mainly occupying distributors' warehouses. Since exports are not good in the short term, recent prices will not increase substantially. Adjustment.