Domestic diammonium phosphate market is worrying

On October 16, 2012, the export period of ammonium enterprises had ended, and the company's main energy was turning to the domestic market. However, the preparation of fertilizers in the domestic market was also ending in the autumn. In addition, local traders were dumping goods, and the companies were pessimistic.

At present, the winter storage is still early, and the company’s winter storage policy has not yet been introduced, and the offer price has not changed much. 64% diammonium mainstream factory price 3100-3150 yuan, pre-received station price 3250-3300 yuan. However, recently, Hubei Yihua took the lead in promulgating tentative pricing for the Northeast market. 64% of diammonium received RMB 3,150-3,200 in advance, and settled later.

At the end of last month, India and China had 350,000 tons of diammonium export refunds. As some of the goods had been collected, there was a backflow in Shandong ports, and traders dumped goods at low prices, hitting the market, and confidence in the industry was also suppressed. On the eve of the National Day, the market volume of diammonium in the domestic North China, East China, Central China, and Northwest China markets is complete. The terminal distributors purchase on-demand and follow-up. As the fertilizer market is in the doldrums, the distributors would rather avoid the risk of stocking after the late stock-out. . After the National Day, the window period has ended, the domestic phosphate fertilizer companies are pessimistic and the downward pressure on prices is very high. Many companies hope that relevant state departments will issue relevant supporting policies to extend the export period and divert the sales pressure in the domestic market to ensure the sound and stable development of phosphate fertilizer companies. However, the export in the off-season is now over, and the export period is basically hopeless.

Market Forecast: At present, the diammonium export and the domestic fall fertilizer are almost finished at the same time. There are no orders for export, domestic traders no longer make payments, and the pressure for companies to take goods increases, and manufacturers in cloud and expensive regions start to reduce the operating rate and reduce supply pressure. As a whole, the end of the domestic autumn, winter storage operators hold a wait-and-see attitude, the industrial overcapacity pressure is huge, the diammonium market entered the bottleneck period. Affected by various negative impacts, the decline in the price of diammonium in the latter half of the year has become inevitable. It is expected that the policies for winter storage of various enterprises will be introduced one after another in mid-October with a drop of around 200 yuan.