Weekly Market Highlights for Compound Fertilizers, Phosphorus Ammonium, Yellow Phosphorus, and Phosphorus Intermediates
June 12, 2024, 9:21 AM
Feidoodoo
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Explore the latest trends in the compound fertilizer and phosphorus markets, focusing on price fluctuations and market stability.
I. Compound Fertilizer Market Highlights
- Urea rebounds from low levels, but phosphorus and potassium remain weak.
- Stability is the main trend for enterprises, with some cases being negotiated individually.
- Distributors remain cautious, and the market volume is limited.
II. Phosphorus Ammonium Market Highlights
- This Thursday, the self-pick-up reference price for sulfur granules at the Yangtze River Port was 920 yuan/ton, down 10 yuan/ton from last Thursday.
- The ex-factory price for synthetic ammonia in Hubei is 3250-3350 yuan/ton, down 450 yuan/ton from last Thursday.
- The overall operating rate for downstream compound fertilizer is 38.14%, down 0.28% from the previous week, with an expected increase next week.
- Diammonium phosphate (DAP) production units affected by environmental protection have mostly resumed production, with operations increasing from the previous period to ensure domestic supply.
- Influence d by market sentiment, the downstream purchasing atmosphere for DAP remains tepid, with slow distribution of goods.
- Raw material prices fluctuate and consolidate, with high costs, still providing strong support to the market.
III. Yellow Phosphorus and Phosphorus Intermediates Market Highlights
- 22600-22800 yuan/ton: Post-holiday, yellow phosphorus enterprises hold prices, temporarily refraining from exporting at low prices. Downstream demand purchases keep market prices stable.
- 13,200 tons: The operation of yellow phosphorus enterprises is generally stable, with a slight decrease in the Yunnan region.
- 5800-5900 yuan/ton: The price of phosphorus trichloride has slightly increased, with raw materials rebounding and strong cost support.
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June 12, 2024, 9:21 AM
June 12, 2024, 9:21 AM