Urea: In the short-term, mainstream company cargo supply is still tight , some company’s quotation still continue increasing. The market is cooling down day by day, with the increase in the arrival of goods and the temporary weakening of agricultural demand expectations, the market price is likely to slow down and there may be price restoration.
Synthetic Ammonia: Yesterday market was steadily increased. The recent maintenance of some ammonia devices has brought the good news to the market, resulting in the ammonia plant to push up price, most of the trading atmosphere around the country is good. It is expected that the synthetic ammonia market will continue to rise in the short term.
Ammonium Chloride: Recently ammonium chloride market demand has improved significantly, driven by the price increase of urea and ammonium sulfate, the amount of ammonium chloride enquiries has increased , and the price is mainly signed on order by order basis.
Ammonium Sulphate: Yesterday ammonium sulfate market price is stable, most manufacturers proceed last week’s contract. At present, urea price is still rising, but the new order is few slightly, so price increase may slow down. At the same time, after pulling up last week, the industry has pushed up sentiment has declined, and it is expected that this week’s narrow volatility will be the main operation. Pay more attention to the bidding dynamics during the week.
Melamine: Recently melamine market price increase is due to cost increase, but the downstream demand is still weak,limited positive news, and the short-term market is expected to fluctuate little.
Potash Fertilizer: The overall market price change is limited, the supply of potassium chloride is more adequate, domestic and imported potassium chloride supply have increased, border trade prices are different, more than 62% of the port trade cargo’s price is at RMB2180-2250/ton. Potassium sulfate market to maintain a balance of production and sales, and even some factories slightly tight supply, more orders to be executed.
Phosphate Fertilizer: The market is stable and good, recently factory pre-sale is better, some of the sales are stopped, and the intention of exploration is stronger, but some small MAP factories are ready to resume production, the supply will gradually increase, and the deadlock game trend is still there. The DAP market trend is weak, mainly because it is too early for the autumn-sown wheat, Now it is in the domestic demand gap period, traders weak intention to open positions, low cost of the market support is insufficient, some enterprises offer a narrow range of low, the overall offer is chaotic, is expected to continue the downward trend of diammonium market consolidation in the near future.
Compound Fertilizer: Yesterday market price was stable. Urea continues to rise and ammonium chloride rebounds, which has certain support for market mentality and costs, but at the same time, it also increases the difficulty of new pricing for enterprises, and some bids are delayed. It is expected that the short-term market will mainly wait and see, waiting for further guidance of the trend of raw materials.
Post time: Jul-05-2023