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Chloride Quotes: supply and demand imbalance difficult out trough
Ammonium chloride market has yet to bottom out, although most manufacturers offer a smooth, but the actual transaction is still lower. Wet ammonium factory price across the country more than 300 to 350 yuan (t price, the same below), dry ammonium mostly 380 to 450 yuan; actual factory price, wet ammonium 270 to 330 yuan more than in the dry ammonium at 370 ~ 420 yuan , prices continue to hit a nearly 10-year low.
Ammonium chloride sluggish market trend, the main reason is oversupply. Ammonium chloride is a byproduct of soda, soda ash depends on the level of its production companies operating condition. This year, the soda ash prices, the main raw salt, coal prices decline, soda ash business profitability significantly improved, maintained a high operating rate, ammonium chloride production also increased. But ammonium chloride decreased rather than increased demand. Ammonium chloride is the main demand of chlorine-based nitrogen fertilizer. With compound fertilizer, nitro compound fertilizer, compound fertilizer nitrate's strength in the past dominated by chlorine-based compound impact. More importantly, at low concentrations of fertilizer production, the use of a large amount of ammonium chloride, but with the transfer of rural labor, transportation costs, rapid reduction in sales of low concentrations of fertilizer, the farmers prefer the use of fertilizer is high, labor high concentrations of fertilizer and effort. The high concentration of urea fertilizer and more to do with nitrogen. Chloride production growth, but no growth in demand, market supply and demand is growing, prices remained low.
According to the State Customs statistics, from January to May, China exported 102,300 tons of fertilizer with ammonium chloride, a substantial increase of 367.34 percent over last year. Although a large proportion of the growth, but not the absolute export volume, less than 4% of the country's total output of ammonium chloride, stimulating effect on the domestic market is not difficult to reverse the weak ammonium chloride market