In the first half of diammonium market stable outlook is optimistic

Diammonium market since the New Year's tepid running after February, with the time when the international price of sulfur rose stop, diammonium bulk FOB China rose to $ 440-490 / t, at the same time, the National Development and Reform Commission announced fertilizers rail freight increases, the rate of increase per ton of 0.0154 yuan per kilometer. In the international market and cost pressures double positive, driven by domestic diammonium prices generally rose 100-200 yuan / ton. After entering in April, the domestic distribution in spring commence sales of diammonium relatively stable after the end of spring, set in Hong Kong manufacturers to shift the focus. May be difficult to open export markets, India prices down very hard, but in June with the bulk purchase of U.S. diammonium for China's exports to bring a hint of warmth. June to break the deadlock, the export volume and price Qi Zhang is a good sign. But the high cost of domestic fertilizer production, there is no room for negotiation outside, not sure whether to be profitable.

AP sulfur rising support

Prior to April, fertilizer prices have been depressed, but with the rise in international sulfur prices, coupled with the open window period, an increase in international demand. With AP gradual warming trend. Coupled June, the U.S. diammonium large purchases, which in the past was rare. According to statistics, 1-April, India's purchase of a limited number of diammonium, about 92,600 tons. But India's demand for diammonium last year at around 3.5 million tons this year, rising to 500 million tons, which is a breakthrough in China's exports. After June, the procurement of diammonium India will grow, prices temporarily uncertain. Since India does not increase the price of fertilizer subsidies this year, to 679.7 billion rupees, coupled with the impact of the economic crisis, investors may purchase Chinese diammonium strongly lower prices, some companies exporting to India to negotiate the price of diammonium CIF $ 440 / ton.

From the beginning of May, sulfur prices have been higher than the supply of all the ports in the Yangtze tight, traders do not worry shipping. Domestic sulfur factory operating rate is rising, some manufacturers have price adjustment, price support AP sulfur prices rose in a short 100-200 yuan / ton. June exports warming for three reasons, first, policy liberalization, export tariffs fall season, so that exports do not focus on the window of conduct; Second, lower inventory AP India, import demand will grow 75 percent last year, 3.2 million tons to 5.93 million tons, our country is a positive signal; Third, the growth in U.S. demand led to the rise in international prices of ammonium phosphate. But the United States is about to boom receded diammonium procurement, diammonium heat to maintain the current need to look at the needs of India's pull. But no significant gains in terms of international big impact on enterprises, foreign enterprises quote or obvious. AP India's purchases into watching India's April-June purchased about 100 million tons of diammonium The amount has to meet current needs, the next wave of procurement depends on climatic conditions.

India's outlook or lower prices

Well supported by international demand, a steady rise in international prices this month, China's export market diammonium warming, smooth and medium-sized enterprises signing the export volume and price go. According to the statistics. Since the signing of China's export window period opened about 180-200 million tons, exports mainstream signing FOB price of U.S. $ 420-440 / t. Among them, the June U.S. purchases of diammonium about 15 tons, of which part of diammonium factory in southwest China and the United States signing FOB price of U.S. $ 425-435 / t. China's largest export country diammonium Indian stocks lower, increasing the demand for diammonium, but because of India's fertilizer subsidy 2014-2015 no growth, India has continued to keep the prices down, and China signed no big orders.