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Ammonium Phosphate: Export Forces Raise Quotes

August 30, 2022
Ammonium Phosphate: Export Forces Raise Quotes

The ammonium phosphate export door opened for more than 20 days, and the order taking condition was more optimistic, and the operating rate of the manufacturers maintained an upward trend. The domestic market was driven by the smooth export, and the price rose. From the current point of view, a price adjustment of ammonium has already appeared, diammonium is still in the off-season due to the actual procurement in the country, and the manufacturers' quotation is all in the trend of pushing up and pushing up, and the actual transaction is small. According to the current export volume, the market outlook for diammonium is expected.

The price of diammonium in the international market is on the upswing and has boosted confidence in the start-up of enterprises and the amount of confidence they have taken. The price of diammonium in the international market has gone up, with gains ranging from US$5 to US$25 per ton (tons, the same below), with only a slight drop in Pakistan. Diammonium FOB: Tampa 450 US dollars, up 5 US dollars; Morocco 490 to 505 US dollars, low-end rose 25 US dollars, high-end rose 20 US dollars; Baltic Sea 455 to 460 US dollars, high and low are up 15 US dollars; China 425 to 450 The dollar, the low end rose 10 dollars. The diammonium FOB price in China has continuously risen in the past two weeks, which has a significant effect on corporate exports. In addition, Saudi Arabia's diammonium exports to India is also in a trend of price increase, the overall price increase in the international market has also brought pressure on India's diammonium procurement, India's strategy of "dragging" to Chinese manufacturers to bargain prices is unsustainable.

In the smooth export situation, the domestic manufacturers offer prices have also explored the trend. Last week, 64% of the domestic mainstream factory price of diammonium was 2,400 to 2,450 yuan, but the volume was low during the off-season. Some manufacturers have adopted a low-end buyout price strategy to stimulate the downstream to get goods in advance, but the market outlook is still not clear, the effect is not obvious. In general, diammonium has now risen.

The mono-ammonium export has obviously driven the domestic ammonium market. As the international ammonium market continues to rise, export demand has been buoyant, and some ports have experienced short-term short-phase shipments of monoammonium, pushing up the ex-factory price of ammonium at a certain level. In terms of prices, the mainstream factory price of 55% powdered ammonium monohydrate remains stable at about 1,800 yuan; 55% of the monoammonium is exported more, prices increase, and the mainstream factory price is around 1900 yuan.

The prices of raw materials** kept steady, and the prices of phosphate rock and synthetic ammonia stabilized. The price of mono-ammonium raw materials was relatively strong. In the later period, it mainly depends on the trend of market demand. According to the current trend of domestic and foreign sales, a small ammonium season is expected to occur.

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Mr. Tony

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