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The rise in synthetic ammonia road how far is it?
Time:2016-11-16   Read:513second  

   Start at the end of October, the domestic market of synthetic ammonia present the rising trend. As can be seen from the graph, the domestic mainstream market after briefly falling in late October, the market into the uplink channel. Especially in November, pushing on the market by expanding, November 9, the mainstream market stability. This short 10 days or so, rising domestic ammonia market 225-285 yuan/ton. On November 9, market stability is a brief pause or reversals? The rise in synthetic ammonia road went on smoothly? Treasure island is analyzed from the following several aspects.

  First of all, from the aspects of production cost analysis, the price of coal mainstream in 800-900 yuan/ton, so the production cost of synthetic ammonia in 2000-2250 yuan/ton, does not exclude the part manufacturer purchasing coal price higher than this price. Thus, at present most of the synthetic ammonia corporate profits are still relatively small, there are even companies are still below the cost line. A unilateral consideration, ammonia late market still has upside.

  Second, from ammonia supply side, most of today's manufacturers device running normally, but some manufacturers of coal tension, the load is low, and some manufacturers device run unstable, low within. Step up late with device, within a increase trend. But the current urea market gao ting, if the urea prices continue to rise, form a complete set of liquid ammonia and urea device output by export has decreased, the amount of liquid ammonia is overall within the liquid ammonia will have no obvious change.

  Again, from the demand side, synthetic ammonia fertilizer has temporarily in wait-and-see, had winter policy no, winter for fat has not yet open, compound fertilizer and phosphate fertilizer starts still relatively low, agricultural fertilizer demand remains muted; Manufacturer of caprolactam industry average performance demand, acrylonitrile and on-demand procurement, a large number of stock are not, and power plants, in carrying out the bidding price, industry demand for originality. Thus, at present the demand is not new, and downstream distributors increases with the increasing in mining. But with phosphorus compound fertilizer after the meeting, each manufacturer are likely to be the order in mid to late November, at the same time had winter policy will gradually clear, agriculture demand has room to improve.

  In addition, according to treasure island, the current production factory inventory pressure is not big, short-term sales resistance is small. Thus, short-term ammonia market price intention is still relatively strong. With had winter gradually expand, the demand has a positive trend, combined with the cost is still high, although the price of part of the downstream and traders for high-end entities, but in the short term the ammonia in the space is not large. Recent market ammonia will be high, east China and central China region are to catch up. Suggest the personage inside course of study should be focused on the change of the liquid ammonia within as well as the news had winter policy.

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