Source: Zhongfei net
The domestic nitrogen fertilizer market is relatively dull this Labour Day short holidayDoublebonuspokerThe overall market price of urea is moderate, the mainstream price is stable, and the price is adjusted sporadically. Urea enterprises have certain orders received in advance before the festival, and even under the high load operation of enterprise units, most of the prices remain firm, but the demand in the grass-roots market is weak. Agriculture purchases on demand, industry rigid demand takes goods, or some enterprises purchase low-cost ammonium chloride instead of some urea. In fact, ammonium chloride is not obviously supported by urea, and the degree of interaction between the two weakens enough to see that even if the price of urea fluctuates at a high level, it is difficult to boost ammonium chloride. Under the support of rigid demand for goods at the bottom of the price, the market of ammonium chloride is running well to a certain extent, and the market pessimism has eased slightly since the quotations of most enterprises have been raised, but from the actual performance of supply and demand, the increase is very limited. And maintain time is also difficult to long-term, but rise and cherish, the need to maintain the progress of shipments is more important.
The price of urea is stable at a high level, while ammonium chloride is at a low level. For example, the mainstream ex-factory quotation of urea in Jiangsu and Anhui is about 2240-2280 yuan / ton, the mainstream ex-factory quotation of dry ammonium is about 480-490 yuan / ton, the receiving price of compound fertilizer plant in Linyi area of Shandong Province is 2230 yuan / ton, and the receiving price of dry ammonium is slightly higher than 520 yuan / ton. in contrast, the price of the two nitrogenous fertilizers is in a state of sky-wide difference, and the subsequent trend should pay attention to the changes of supply and demand and policy.
First look at the overall performance of urea, short-term supply and demand shows a relatively balanced state. Recently, some urea enterprises have stopped production for overhaul or reduced production overhaul, and in the later stage, some enterprises still have maintenance plans, and there are many plant rotation overhauls, but according to the statistics of China Fertilizer Network, the total daily output of urea is still about 17-180000 tons, and the supply is sufficient; in addition, the recent liquid ammonia market is not good, especially the holiday transportation is limited, subject to inventory and transportation pressure, or a small number of enterprises slightly tilt the focus of production. In addition, more new capacity will be ready to be released in the second half of the year. On the other hand, the performance of demand is to pick up the goods in stages, first, the demand in agriculture is limited, the grass-roots market is mainly to make up orders, the second is the pick-up of compound fertilizer plants in industry, and the demand for urea is advancing steadily, but purchasing on demand, and third, the export of urea is limited. lack of boost to the domestic market However, affected by the cost support and the high volatility of the futures market, urea prices may not have a significant decline, it is expected that the overall market should be stable in recent days, local small consolidation.
Look at the early ammonium chloride has fallen to a low, it is difficult to fall again, summer fertilizer production demand procurement, prices can hit bottom to rebound, but the longer-term price increases are slightly weak. In April, a small number of ammonium chloride enterprises stopped for overhaul or reduced load overhaul, and the local supply decreased, but the overall inventory supply pressure was still obvious, and since the soda price was greatly increased, the production enthusiasm of ammonium chloride enterprises was high. supply pressure increases again Demand has been promoted, but the market trading atmosphere is general: first, the overall demand for ammonium chloride in summer fertilizer production is limited, and some of them still have a certain amount of inventory in the early downstream, and second, downstream compound fertilizer plants and extruded granular ammonium chloride plants purchase on demand; in addition, the export of ammonium chloride is still limited, lack of support to the domestic ammonium chloride market, and the pressure of ammonium chloride enterprises has to be released in the domestic market.
However, the price of urea remains high, and there is a certain support in the market sentiment of ammonium chloride, coupled with the promotion of downstream production, ammonium chloride enterprises have a certain support of waiting orders, and the mentality of the industry has also improved, especially the low price. have the basis to stabilize or rebound. Generally speaking, ammonium chloride has maintained a relatively positive trend in the near future, and some low prices have room to rise, but the range is relatively limited. If you want to know more about the analysis and market data of this website, you can call the enquiry hotline 0451-88001128.