<span style="font-size:16px;line-height:2;">Recently, the price of <strong><em>diammonium phosphate</em></strong> continues to rise, and the market is firm. At present, the average market price of diammonium is 3,772 yuan/ton, up by 155 yuan/ton or 4.29% compared with 3,617 yuan/ton at the beginning of December.</span><br /> <br /> <br /> <span style="font-size:16px;line-height:2;">The domestic diammonium phosphate market continues to rise, and the supply is in short supply. The second ammonium industry started to improve slowly, the market as a whole continued to be in a tight supply state, the spot market was relatively tight, and the domestic arrival volume was small. Especially the diammonium content of 64%, due to the early export stocking of Hubei enterprises and other reasons, some traders reported that it was hard to find a product, and some areas even had a priceless market. 2. Most enterprises in Ammonium still suspend quotation or take orders, and they mainly issue advance orders or export orders without issuing official prices. Traders are reluctant to sell goods, low-end quotations gradually disappear, and the focus of transactions keeps moving closer to the high level.</span><br /> <br /> <span style="font-size:16px;line-height:2;">Cost: Up to now, the solid particles of sulfur in the Yangtze River port have decreased from 1670 yuan/ton at the beginning of the month to 1530 yuan/ton before the draft, down by 8.38%; The market price of synthetic ammonia in Hubei increased from 4,350 yuan/ton at the beginning of the month to 4,450 yuan/ton before the draft, an increase of 2.30%; The price of 30% ship plate of phosphorus ore in Hubei is the same as that at the beginning of the month, all of which are 990 yuan/ton. As of the draft, the theoretical cost of 64% diammonium phosphate in Hubei has reached 3858 yuan/ton.</span><br /> <br /> <span style="font-size:16px;line-height:2;">Specific price: At present, the ex-warehouse price of 57% diammonium in East China market is 3350-3400 yuan/ton; The ex-warehouse price of 64% diammonium in East China market is 3950-4050 yuan/ton; The ex-warehouse price of 64% diammonium in North China market is 3950-4050 yuan/ton; The arrival price of 64% diammonium in Liaoning market is 3950-4050 yuan/ton; The arrival price of diammonium with 64% content in Heilongjiang market is 4050-4150 yuan/ton.</span><br /> <br /> <span style="font-size:16px;line-height:2;">Import and export: In October 2022, the import volume of diammonium phosphate was 0.204 tons, a year-on-year decrease of 83.68%; The export volume was 503,500.005 tons, a year-on-year decrease of 36.26% and a month-on-month increase of 7.3%. From January to October 2022, the export volume of diammonium phosphate was 3,125,505.233 tons, a year-on-year decrease of 48.7%.</span><br /> <br /> <span style="font-size:16px;line-height:2;">International price: The international diammonium price has been slightly lowered this month, and the buying gas is not good. The current international FOB price of diammonium in China is $703.5/ ton, down by $14.5/ ton from $717.5/ ton at the beginning of December, with a range of about 2.02%; The FOB bulk price in Morocco is $ 692-767/ ton, and the CFR price in India is $720-725/ ton.</span><br /> <br /> <span style="font-size:16px;line-height:2;">Market outlook: At present, it is expected that the diammonium market will operate firmly in the short term. In terms of raw materials, the recent price trend of synthetic ammonia and sulfur is downward, and the production pressure of enterprises is slightly lowered. In terms of phosphate rock, because phosphate rock resources are non-renewable, the overall market supply is limited, and the short-term phosphate rock price fluctuation is small. At present, with the continuous increase of prices, the resistance to high prices appears in the lower reaches, and some dealers' wait-and-see mentality is aggravated. However, the winter storage market just needs to exist in terms of demand, and in the short term, the tight supply of diammonium continues. To sum up, it is predicted that the diammonium market will be high and firm in the short term. It is also necessary to continuously pay attention to the recovery of downstream demand, cost trend and import and export situation.</span><br /> <span style="font-size:16px;line-height:2;"></span>