At present, the factory quotation for 55% ammonium phosphate is 2550-2650 yuan/ton, and the actual transaction price has dropped to 2500-2550 yuan/ton. Industry analysts believe that the continued weakness of the ammonium market is partly due to weak market demand and, on the other hand, due to price fluctuations.
**Influence of ammonium prices According to Gao Jinggang, director of Huanong's Chain Phosphate Fertilizer Department, ** and a market for ammonium are intertwined. First of all, from the beginning of the year to the present, monoammonium has been in a long-term sluggish state, so as a highly hype-like commodity, its price is difficult to sustain in the case of weak downstream demand. Recently, ** has also begun to decline. As for the effect of ** on the price of monoammonium, Gao Jing had just given an account to the reporter.
"A ton of ** is equivalent to 3 tons of **, for example, when ** is at 1800 yuan / ton, then the cost per ton of ** is 600 yuan, and every ton of ammonium produced requires about 1.4 tons. Then when the price of ** dropped to 1,500 yuan/ton, which was equivalent to a drop of 100 yuan per ton**, the cost per ton of monoammonium was equivalent to a decrease of 140 yuan. So it was calculated based on the current price of **. It is not surprising that the price of ammonium has fallen," he said. In the current sluggish market environment, the price of mono-ammonium has room to continue to squeeze down due to lower costs.
The demand of compound fertilizer companies is limited and whether the ammonium market will continue to decline. Industry insiders say that it is not easy to judge according to the current situation. When the price of monoammonium is RMB 2,650/ton, the industry believes that the market price of monoammonium is already at the critical point and it is impossible to lower it. However, after more than a month, the price of monoammonium has indeed been higher. The rate of decline. Therefore, some people believe that in the case of weak demand, if ** continues to fall, it does not rule out the possibility that the price of ammonium will continue to decline.
In fact, the market outlook for ammonium is indeed worrying, because the status of the collection of downstream compound fertilizer companies is indeed not good, resulting in weak demand. According to Yang Ligeng, general manager of Anhui Huilong Taihua Fertilizer Industry Co., Ltd., the operating rate of compound fertilizer companies is now about half. Because the terminal does not get goods, companies must control production, so the demand for raw materials is low. It is understood that Anhui's mono-ammonium prices have dropped to 2,500 yuan / ton, a large quantity favorably. The continued decline in the price of mono-ammonium is undoubtedly a reminder to compound fertilizer companies. Price volatility is erratic and there is a large risk of large stocks of raw materials. "Now that nitrogen fertilizer, phosphate fertilizer, and potassium fertilizer may not be declining again, but the reason why manufacturers do not make large-scale reserve of raw materials is because the mentality of manufacturers has changed, and the terminal is not taking goods positively. "Master Li Geng said.
In general, in the current situation of unstable prices and weak downstream demand, it is unlikely that the price of mono-ammonium will rebound in the short term. On the contrary, if the price of ** continues to decline, and the purchase of compound fertilizer companies is not active, then the price of monoammonium does not rule out the possibility of further decline.
**Influence of ammonium prices According to Gao Jinggang, director of Huanong's Chain Phosphate Fertilizer Department, ** and a market for ammonium are intertwined. First of all, from the beginning of the year to the present, monoammonium has been in a long-term sluggish state, so as a highly hype-like commodity, its price is difficult to sustain in the case of weak downstream demand. Recently, ** has also begun to decline. As for the effect of ** on the price of monoammonium, Gao Jing had just given an account to the reporter.
"A ton of ** is equivalent to 3 tons of **, for example, when ** is at 1800 yuan / ton, then the cost per ton of ** is 600 yuan, and every ton of ammonium produced requires about 1.4 tons. Then when the price of ** dropped to 1,500 yuan/ton, which was equivalent to a drop of 100 yuan per ton**, the cost per ton of monoammonium was equivalent to a decrease of 140 yuan. So it was calculated based on the current price of **. It is not surprising that the price of ammonium has fallen," he said. In the current sluggish market environment, the price of mono-ammonium has room to continue to squeeze down due to lower costs.
The demand of compound fertilizer companies is limited and whether the ammonium market will continue to decline. Industry insiders say that it is not easy to judge according to the current situation. When the price of monoammonium is RMB 2,650/ton, the industry believes that the market price of monoammonium is already at the critical point and it is impossible to lower it. However, after more than a month, the price of monoammonium has indeed been higher. The rate of decline. Therefore, some people believe that in the case of weak demand, if ** continues to fall, it does not rule out the possibility that the price of ammonium will continue to decline.
In fact, the market outlook for ammonium is indeed worrying, because the status of the collection of downstream compound fertilizer companies is indeed not good, resulting in weak demand. According to Yang Ligeng, general manager of Anhui Huilong Taihua Fertilizer Industry Co., Ltd., the operating rate of compound fertilizer companies is now about half. Because the terminal does not get goods, companies must control production, so the demand for raw materials is low. It is understood that Anhui's mono-ammonium prices have dropped to 2,500 yuan / ton, a large quantity favorably. The continued decline in the price of mono-ammonium is undoubtedly a reminder to compound fertilizer companies. Price volatility is erratic and there is a large risk of large stocks of raw materials. "Now that nitrogen fertilizer, phosphate fertilizer, and potassium fertilizer may not be declining again, but the reason why manufacturers do not make large-scale reserve of raw materials is because the mentality of manufacturers has changed, and the terminal is not taking goods positively. "Master Li Geng said.
In general, in the current situation of unstable prices and weak downstream demand, it is unlikely that the price of mono-ammonium will rebound in the short term. On the contrary, if the price of ** continues to decline, and the purchase of compound fertilizer companies is not active, then the price of monoammonium does not rule out the possibility of further decline.
Electric Tamping Rammer,Plate Compactor C80t, Manual Vibrating Plate Compactor
Vibropac Machinery Co.,Ltd , https://www.vibropac-power.com