Price trend

According to the data of SunSirs, the market trend of powdered monoammonium fell slightly this week. The price at the beginning of the week was 1,916 RMB/ton, and the price at the weekend was 1,906 RMB/ton, down 0.52%.

Analysis review        

Product: At present, 55% of powdered ammonium in Hubei Province has a factory quotation of 1,800-2,000 RMB/ton, and 60% of the mainstream powdered ammonium has a factory quotation of 1,950-2,100 RMB/ton. Some enterprises maintain their devices. The market in Henan Province has maintained stable operation. The ex factory quotation of 55% ammonium powder is 1,800-1,950 RMB/ton. The price of 55% powdered ammonium in Shandong Province is 1,850-2,000 RMB/ton, which is stable. The factory quotation of 55% powdered ammonium in Sichuan is 1,850-2,000 RMB/ton.

Industrial chain: The market price of upstream raw material phosphate rock is stable this week, and the volume of new single transaction is acceptable. The domestic price of sulfur remained stable. The demand of downstream compound fertilizer enterprises for monoammonium is still weak.

Market outlook

Analyst of ammonium biphosphate of SunSirs believes that due to the lack of demand for monoammonium by compound fertilizer enterprises, the demand is insufficient. ammonium biphosphate market is expected to run weakly in the later period.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.