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Prices of fertilizers keep going up in Spring Comefrom:CINIC    AddDate:2020-03-13    Hit:2334

The spring fertilizer market has been formally launched. Downstream farmers and grass-roots dealers began to pay attention to the fertilizer market, but the difference is that today's fertilizer market is not remained the same as before. The prices of all kinds of fertilizers increased across-the-board. Nitrogen, phosphorus and potassium compound fertilizers came on stage one by one. Diammonium is unwilling to be lonely as well, In March, most enterprises once again increased the prices; 64% diammonium heilongjiang station price increased to 2500-2550 yuan (ton price, the same below), but some factories still suspended or restricted orders. The fertilizer market is in a good situation, while the price of diammonium seems to continue to rise. Then, how long this situation will last?

Firstly, the downstream demand is booming. After the big Spring Festival holiday, fertilizer markets in every area have started vigorously, the enquiries of downstream distributors and grass-root dearlers increased, in addition to those factories affected by the social and public events, the majority of diammonium enterprises have started production in full speed, and some factories even turned to produce diammonium, but some companies still suspend or control orders because of the large hand-to-send orders, which is visible that the situation of diammonium in upstream and downstream market is now well unerway. Although most areas will wait until April or even May to use fertilizers, most of the downstream dealers still received less goods, plus some farmers began to purchase diammonium because of the increased price, which also makes diammonium more tight. It can be seen that there is still a hard agricultural demand for diammonium in the later stage. Besides, because of the late resumption of compound fertilizers this year, the use of mixed fertilizers increased naturally, then diammonium industrial demand increased naturally.

Secondly, upstream supply is tight. At present, enterprises which suspended production in Hubei province are still in a state of production stoppage, and they can not resumed to production before March 10, Although enterprises which didn't stopped production have returned to normal work basically, some enterprises in the Southwest even operated almost fully, but as there are a lot of orders waiting to be delivered, they limited or suspended orders. Some enterprises even said that production in March had clearly flowed and no new orders would be accepted in a short time.

Finally, in addition to the supply and demand, we should not forget to pay attention to the delivery of diammonium and the price of raw materials. In terms of the delivery situation, except some areas in Hubei are still restricted, the transportation of chemical fertilizer has been greatly improved as compared with the previous period. The railway transportation has normalized, and the green channel of automobile transportation has increased. With the passage of time, the transportation of chemical fertilizers has gradually returned to normal. In terms of raw materials, the price of sulfur has gradually improved due to the demand of the downstream ammonium phosphate market, and the price of sulfur in the port has increased to about 685 yuan. The price of liquid ammonia market rises and falls in turn, mainly falls in areas with increasing demand of liquid ammonia, while rises in places less supply, but the price of liquid ammonia in Hubei is still around 2200 yuan.

To sum up, the spring market is in full swing. Downstream orders are gradually increasing. In a short term, the supply of diammonium is less than its demand situation; the international market is also slightly improved; and it is expected that the quotation of diammonium is still likely to continue to rise.