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With summer in full swing to prepare fertilizer market, high nitrogen fertilizer market is getting better, more prepared fertilizer distributor has reached more than half, but market demand still exists a big gap, and with the upstream raw material prices, manufacturers are also gradually He raised the factory price of high-nitrogen fertilizer.
Favorable factors:
First, the price of urea by the lower support and demand-pull stock prices sharply higher. Mainstream factory price of Shandong, Hebei region from about 1570-1580 Yuan during May rose to around 1730 yuan. But near the end of May, the market has stabilized again, the local has been a small drop.
Huojin chloride market price Yang, now mostly dry ammonium mainstream factory price has reached 600 yuan / ton. It rose to about 30%, and the new procurement sourcing hard to find.
Urea prices, tight supply of ammonium chloride, ammonium sulfate side also boosted the market, especially a lot of coking plant is still limited production, so prices are also rising ammonium sulfate, the mainstream factory price of around 600-700 yuan / ton.
Second, ammonium market better, the price was up off-season. Part late season fertilizer plant when fear of ammonium in short supply, prices rise, so appropriate to increase the ammonium procurement efforts, but also lead to further market the off-season in an ammonium firm. 55% ammonium powder factory price of the 2050-2100 yuan (t price, the same below), is expected to post at least difficult to fall.
Third, because the price is relatively stable, in some areas less than the late pre-purchase with pins as they enter, the overall market demand is acceptable, and the industry operating rate is not high, so the inventory pressure.
Negative factors:
First, relatively weak demand potassium chloride, while supply continued to increase, prices will maintain a slow downward trend; Following the Lop Nur potassium prices fall, Qinghai resource-based manufacturers and technology manufacturers offer Mannheim also went down, now Man Heim manufacturers 50% powdered potassium mainstream factory price of 3,000 yuan / ton, but 2800-2900 yuan / ton more low turnover.
Second, the lack of confidence in the procurement downstream distributors, mostly on the sidelines, a few more planned goods, as they enter sales, a result demand instability, likely to focus also may be extended, but the market might abort if there is trouble, the whole to see, demand is not particularly strong.
In fact, urea, ammonium chloride prices rise, although making the raw material costs have increased, but did not affect the bottom line of most fertilizer companies, but after all in season, manufacturers inventory pressure, so in a variety of favorable factors support, high nitrogen offer some upside, especially in the low end. On the other hand, demand is not particularly strong, the operating rate of the factory more than just suppress, primarily driven by rising raw material, but raw material prices are not steadily upward, so the summer market is difficult to significant upward fertilizer prices, the market ended the market started to fall during Local price or a small drop may, in particular, sulfur base fertilizer prices fell sharply after potassium.
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