After a new round of price cuts, look at the status of the acid market

On September 28, the acid market was mainly concentrated in three major provinces in eastern China: Shandong, Jiangsu, and Anhui. Shandong Province has not yet been affected by the price of **, and most manufacturers still ship normally. Only affected by the Yanggu, Dongying radius today quoted a reduction of 20 yuan / ton, 98% of flue gas implementation of 390 yuan / ton. However, most manufacturers in Shandong offer prices are still stable, but the majority of downstream fertilizer manufacturers began repairs, shipments zoom only; Jiangsu region due to the sharp decline in raw materials, ** invisible to reduce the cost pressure of acid production, but the downstream demand is not Jia, also prompted manufacturers to ship at low prices. Coupled with the forcing of the price of Tongling in Anhui Province, it is reported that the actual shipment of Shuangshi and Thorpe is 98% of the sulphonic acid, which is 340-360 yuan/ton. Many manufacturers indicated that if prices continue to decline after the National Day, manufacturers who expect to stop or reduce production will gradually increase; after the non-ferrous metals expansion in Anhui Tongling, coupled with poor market conditions, the prices in the entire Anhui region have been unanimously lower, and actual transactions have fallen. Break 300 yuan / ton, Tongguanshan 98% of ore acid to perform 270-300 yuan / ton, Anhui Jinyu 98% ** acid to perform 400 yuan / ton, the entire market conditions are not optimistic.

Brief description of raw materials and downstream product market:

** Aspect: The most affected is still Nantong Port. It is reported that a small number of transactions yesterday have fallen below 1,400 yuan/ton, and block price has 1,330 yuan. Qingdao Port and Fangcheng Port continued to stick, but it steadily declined and spread throughout the market. Sinopec Puguang's inventory also did not give the force that it had originally imagined, adding to the determination of the factory to short the market.

Phosphorus: The further decline in the price of ** will also increase the room for the reduction of ammonium phosphate, and this situation is in an ever-increasing phase. Therefore, the author believes that both the ammonium phosphate and phosphine are in the bottom, and the price has not reached the bottom. Therefore, the overall price of ammonium phosphate in October will decline.