According to the data from the business associations’list, the market trend of powdered ammonium remained stable this week. The average price in domestic market was 2183 yuan/ton, the average price at the beginning of the week was 2183 yuan/ton, and the weekend price was 2183 yuan/ton.
II. Market Analysis
Products: At present, the domestic ammonium market is running steadily, and the market demand is relatively flat. At present, 60% of the mainstream ammonium powder factory quoted 2200-2400 yuan/ton in Hubei area, maintaining stable operation as a whole; Henan market maintained stable operation, 55% of ammonium powder factory quoted 2000 yuan-2100 yuan/ton, stable start-up; Anhui market maintained stable operation, 55% of ammonium powder factory quoted 2000 yuan-2200 yuan/ton, stable start-up. Most enterprises have normal operation of equipment, normal orders and normal delivery.
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Industry chain: The price of upstream raw material phosphoric acid market declined slightly, and the volume of new single transaction was general. The price of sulphur rose slightly. The demand for ammonium in downstream compound fertilizer enterprises is weak.
3. Future Market Forecast
Ammonium phosphate analysts believe that the enterprise inventory is gradually declining, but the transaction is flat, and the market of monoammonium phosphate may remain stable in the short term.
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