Weak: diammonium compound fertilizer: blame me?
Author: Wu Wenchao source: Chinese fertilizer network release time: 2016-02-29 is read 25 times
Festival has passed, the fertilizer market recovery normal operation, but diammonium market and no obvious improvement, market transactions still in tepid, now 64% of diammonium mainstream factory price in advance 2400-2450 yuan (ton price, the same below), compared with preganglionic advance prices fell slightly. Part of the industry think diammonium prices does not pick up one of the main reasons is because the compound fertilizer current price suppression caused, is now 45%s 12:18:15 mainstream of Heilongjiang station price more in 2250-2300 yuan, although the Northeast market for diammonium demand larger, but compound fertilizer still occupy a fat city the first throne, in compound fertilizer prices lower, diammonium phosphate by effect of price is understandable. Compound fertilizer market this year this stagnant, in itself and many problems haven't solved, and triggered a side effect, but replied: strange I cough?
The so-called tango, diammonium weakening market and not unilaterally because compound fertilizer price pressure generated, the following aspects are still indispensable:
Less capital injection
Suppressed by the international grain prices, lower domestic prices, farmers reluctant to sell higher, which is caused by 15-16 year winter reserves fertilizer time considerably delayed is one of the main reasons, affected by the majority of dealers account receivable poor, and enterprise also affected, less funds circulation, with the passage of time, weakening market also in reason.
Weak international demand
Last year diammonium annual export volume to 802 million tons, in the creation of history, also brings some side effects, large number of China's exports caused by the state of the international market in a certain time period of weak demand, allegedly India Hong Kong stock about 150-200 million tons, no demand in the short term, according to customs statistics, in January China's total export of diammonium at around 17 million tons, compared with the same period last year to reduce nearly 3 into the left and right sides, weak demand has been reflected and the current international price of diammonium have not bottomed out, as shown below:
Today's results, all as before, some domestic enterprises has begun to gradually set port pending exports, but recent export orders volume is less, and the price is low, reportedly offshore individual low-end price has fallen to $340, is expected to in the first quarter of this year, diammonium export market should be no significant positive. Under such a pessimistic expectations, the domestic dealers will will be wary of purchasing.
Enterprises started high
Domestic diammonium excess capacity has become an indisputable fact, but now domestic diammonium most enterprises production were maintained at about 8%, but downstream market demand slowly and did not reflect, rising inventories, although according to the current price sells part of the cost of high-end corporate profits will exhibit deficits in, but if the reduction of yield, enterprise deficit will be even greater, riding a tiger, enterprises have to production as usual, if under the condition of constant demand, an increase in the supply of will led to a slide in prices, not to mention now demand has not reflected, diammonium glycyrrhizinate price quantity also is not abrupt.
Enterprise competitive pressure
For diammonium main producing area of Hubei Province and the southwest, and the main consumption areas in northeastern and northwestern China, so between the two will have a certain degree of spread, although most enterprises do not maintain a relatively uniform, but in the market expansion bayonet charge, two main producing areas of the enterprise also price war, Heilongjiang area 64% diammonium individual low-end to station price has fallen nearly 2700 yuan.
Positive so-called: days as location, terrain and better; the spring rigid demand is approaching, the "day", but "location" exports did not give the corresponding positive, coupled with the industry did not fully achieve uniform, and at the same time compound fertilizer prices lower more vigorously the limited sales of diammonium expected a quarter diammonium market although insurable "quantity", but the upward price can hardly be potential.