Monoammonium: The market is still weak and the price rebounds.

Recently, the falling trend of ammonium has remained the same. At present, the mainstream price of 55% ammonium phosphate factory price 2,500 yuan / ton, cash exchange price of 2400-2450 yuan / ton. According to industry analysts, the possibility of a rebound in the price of ammonium at the current time is extremely low.

Low market confidence According to a survey by the reporter, no matter whether it is an ammonium production enterprise or a compound fertilizer manufacturer, doubts are downstream distributors, and they are generally not optimistic about the market outlook of ammonium. The loss of market confidence is even worse for the depressed mono-ammonium market. According to Jin Kechun, vice president of marketing for Zhongnong Yutian Ecological Fertilizer Industry Co., Ltd., at this time in previous years, the wheat preparation fertilizer was already over, but this year, at this stage, there are still dealers who have not stocked, and some people are still waiting to see where they are. The reason is that the market is unstable and the fertilizer market may fall again. It is understood that there are not many dealers who hold this attitude. The downstream wait-and-see also indirectly affected the trading of ammonium.

According to Zhang Shengde, manager of monoammonium phosphate business manager of Hubei Xiangyun (Group) Chemical Industry Co., Ltd., due to serious oversupply, monoammonium producers compete for prices, and in addition, traders and manufacturers are also under pressure. phenomenon. "Composite fertilizer manufacturers are getting cheaper at traders than they are at an ammonium plant," he said. As this phenomenon of mutual reduction in prices persists, it is another important reason for the continued decline in the price of ammonium.

Although there are many reasons for the lowering of the price of mono-ammonium, in fact, these are not the fundamental reasons for the lowering of the price of mono-ammonium. According to reports, although this year's Feishi is filled with wait-and-see mood, the use of wheat is rigid. No matter how the fertilizer market fluctuates, the demand for chemical fertilizers in agriculture will not decrease, so the demand for ammonium is also rigid, and the fertilizer manufacturers The purchase has never stopped. Only the excessive supply leads to oversupply, which leads to the phenomenon of competition between manufacturers and manufacturers and between manufacturers and traders. Therefore, the imbalance between supply and demand is the fundamental reason that the price of monoammonium has been falling.

The market outlook is not optimistic The industry believes that, from the cost point of view, the price of an ammonium has no room for further decline. Zhang Shengde told reporters: "Actually, the mono-ammonium market has formed an upside down. If we continue to reduce prices, companies will face losses." Nevertheless, some believe that the continued decline of ammonium may still exist.

First of all, from the time point of view, there will be more than a dozen days, the fall preparation of fertilizer will be fully over, fertilizer manufacturers of monoammonium purchases will also be very limited. In the case of supply greater than necessary, this cautious demand is difficult to pull the ammonium market.

Secondly, from the perspective of the stocking situation of the market, despite this year's wait-and-see mood is relatively strong, but the market is still relatively adequate stocking, but no dealer willing to blindly purchase too much fertilizer, are on-demand procurement. "After the end of the season, the possibility of grassroots receiving goods is very small, which may cause the price of monoammonium to continue to decline." Jin Kechun said.

On the whole, in the current imbalance of supply and demand, the cost is not enough to become a strong support for the price of ammonium. The weakness of the ammonium market has been foreseen. As for prices, “Now it is not a bad price, and price increases are impossible.” Zhang Shengde said.

According to another report, the price of monoammonium in the world has also shown a downward trend, ranging from US$5-30/ton.

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