Recently, the price of diammonium phosphate began to stabilize, and the market quotation was about 2700 ~2750 yuan/ton, which was about 17.39%~ 19.57% higher than the low point of the year. Analysts said that because foreign orders have almost been executed, new orders are limited, and domestic autumn fertilizer preparation has ended, and winter storage has not yet arrived, it is expected that there will be limited room for the price increase of diammonium in the later period.
Zhang Ming, a fertilizer analyst at a commercial company, said that the price of diammonium phosphate rose significantly in July and August this year because of the large increase in demand in India. However, the Indian monsoon season is coming to an end, which means that new orders are limited in the future, old orders have been executed, and there are basically no new favorable factors for exports.
"From the perspective of domestic demand, the autumn purchase in July and August was almost completed. As the pre-production enterprises are busy meeting foreign orders and have no spare capacity to supply the domestic market, these orders will be delivered one after another from September. However, if you want to add a large number of orders, you must wait until 10 ends the winter storage. " Zhang Ming said. He believes that even if winter storage is started, it is still unknown whether diammonium phosphate can reach the current price of 2700 yuan/ton again.
Xiao Li, a phosphate fertilizer analyst at Zhuo Chuang Information, also believes that it is more difficult for diammonium prices to continue to rise. She said that there are low-priced fertilizer stocks downstream. In addition, if the price of hydrazine is too high, it will also lead to the use of compound fertilizer downstream.
Domestic listed companies involved in diammonium phosphate production mainly include Yuntianhua (600096. SH) (revenue ratio in the first half of the year 1 1. 17%) and Liuguo Chemical (600470. SH) (revenue in the first half of the year accounted for about 32. 17%).