Exports and Domestic Fertilizers Progressed in Accordance with the Diammonium Market

Since August, domestic autumn prepared fertilizers have started to start gradually, and diammonium enterprises in Yunnan, Guizhou, and Hubei have gradually turned some of their production to the domestic market. At present, the volume of diammonium in North China, Central China, East China and Northwest China has increased, and the mainstream arrival price has reached 3250- 3350 yuan, the northwest station price 3300-3400 yuan. Enterprises 64% diammonium mainstream factory price 3100-3150 yuan, 57% of the mainstream factory price of 2750-2900 diammonium, advance, temporary pricing.

With the start of fertilizer preparation in the north and northwest areas in the autumn, domestic shipments of diammonium enterprises have gradually increased. The export prices of diammonium enterprises have been driven by the export of enterprises, and prices have been relatively stable in autumn. From the point of view of the domestic DAP exporters, the export of diammonium this year is expected to reach 3 million tons. Then, with this export volume, the domestic autumn market is relatively optimistic. Industry analysts: Domestic production is about 5.5 million tons from June to October, and the maximum export volume is expected to be 3 million tons. The market supply in autumn is about 3.8 million to 4 million tons (including May inventory), while the total market demand in autumn is 300. About 10,000 tons, the market is relatively balanced supply and demand. Coupled with the fact that enterprises are still mainly export-oriented, domestic shipments are small, and domestic transportation and other factors, the market supply in autumn may still be tight.

However, taking into account new production capacity, Dagukou added 600,000 tons of diammonium capacity in the first half of this year, and in Hubei and other regions, there will be more than 2 million tons of new capacity in the second half of the year. By the end of this year, the capacity of diammonium will reach more than 20 million tons. . Such large production capacity has brought great pressure on the sales of diammonium enterprises in the later period. However, according to analysis by industry insiders, new production capacity cannot be released quickly because the new plant will have a running-in period, coupled with the current tightness of phosphate ore, and diammonium enterprises. The commencement of the construction of the diammonium market was not sufficient for the moment.

In addition to the supply and demand side, the raw material phosphorus ore high stability, ** test machine rebound, high ammonia ammonia oscillation, the cost of stability is also a strong support for the price of diammonium in autumn. In addition, orders for DAP in India have reached 487-561 million tons this year and 4.75 million tons for the same period last year. From the point of order, the demand for diammonium in India has not been reduced. According to the analysis of domestic and international conditions, the supply of diammonium market in early autumn is tight, but with reference to the supply and demand pressure and other trends of fertilizer products, it is expected that the rise in diammonium prices in autumn will be more far-fetched and stable.