Agricultural ammonium chloride market is good

After experiencing a sustained downturn since March, some positive changes have taken place in the agricultural ammonium chloride market since August, and the market is heading towards a better trend. The current factory price, wet ammonium mostly 500 to 580 yuan (t price, the same below), dry ammonium mostly 600 to 700 yuan; market wholesale price, wet ammonium mostly 550 to 640 yuan, dry ammonium mostly 650 to 750 yuan . Compared with the previous low prices, most of them have risen by 30-50 yuan, and the high ones have exceeded 60 yuan. At the same time, the market has taken a smoother move. The purchasing enthusiasm of the lower reaches has risen. The pressure on the company's inventory is not large, basically it has entered a price increase. A better period of increase.

There are three main reasons for the positive market trend of agricultural ammonium chloride:

First, the downstream demand has increased. In China, agricultural ammonium chloride is mainly used for producing compound fertilizers. Autumn-autumn sowing fertilizer is another fertilizer season except fertilizer used for spring cultivation, which has a wide range of use and a large amount of fertilizer. After entering in August, the compound fertilizer company began to prepare raw materials for the autumn and winter sowing fertilizer production, and the demand for agricultural ammonium chloride increased. Although the new standard for compound fertilizers, which began on June 1 this year, has added a new indicator of the chloride content of chlorine-containing products, the new regulations have not yet had a major impact on the market. Compound fertilizer companies still use ammonium chloride for agriculture. Large demand.

Second, the overall fertilizer market has improved. As the prices of agricultural products continue to rise, farmers’ enthusiasm for planting is increased and the use of chemical fertilizers is expected to increase. Since August, the fertilizer market has basically bottomed out, and most varieties have shown upward trend. In particular, those species with larger export volumes have seen a relatively large increase. In some regions such as Shandong and Jiangsu, the price of urea has risen by 50 to 80 yuan in just a short period of one week, and has exceeded 100. Yuan has become the largest period since this year.

The third is the recent decline in agricultural ammonium chloride output. Although the total ammonium chloride production this year increased by about 13% from the same period of last year, since July, due to the decline in the operating rate of the associated alkali plant, the output of ammonium chloride has decreased. According to data from the National Bureau of Statistics, the national soda ash production in July was 1.655 million tons, a decrease of 18.4% from the previous month and a year-on-year decrease. About 1 ton of soda ash produces approximately 1 ton of ammonium chloride, resulting in a simultaneous drop in ammonium chloride production.

From the market outlook, agricultural ammonium chloride is expected to achieve a certain degree of continuity. At present, the market is in the early stage of startup, and the market environment is relatively good. The market is relatively bullish on the market outlook. However, despite the recent market supply and demand contradictions have been alleviated, but overall, with the continuous increase in the new joint alkali devices, agricultural ammonium chloride market supply and demand conflicts are still relatively large.