Treasure Island: Constrained by the rapidly appearing supply and demand side

Recently, the domestic ** market is still in a consolidation situation, and the downstream demand has not improved significantly. The ** production companies have taken normal cargoes, and the reference inventory situation has remained stable; the port area has relatively concentrated supply, and the recent arrivals are generally at a high level and the external market. The market has steadily risen slightly, and it is still difficult for the market to find low-priced goods.

Reasons for the rise in the port area, with the exception of the proper rise in the disk market, the performance of the downstream major phosphate fertilizer market is also an important support. It is understood that the operating rate of various fertilizer production enterprises maintains a relatively high level, and raw material consumption is still acceptable. In terms of price, the market for ammonium monohydrate is compounded. Fertilizer pulls a high consolidation; diammonium is still exported by the main supplier. Under the condition of limited domestic residual fertilizer and high compound fertilizer operation, the diammonium market has a further trend of increasing. With the start of preparation of fertilizers in the autumn in the domestic market, the demand for fertilizers has increased in the market, and there is room for further release of consumption.

However, judging from the trend of this year's economy, there has been a step-by-step upward trend. As the price has reached a high level, the market has a strong wait-and-see attitude, and the market is enthusiastic about speculative enthusiasm. The decisive role of the supply and demand side is more quickly revealed. Sources of supply for the major downstream fertilizer manufacturers to see, even if the downstream demand improved for a time is difficult to appear large single purchase phenomenon, relying on small single transactions difficult to drive the market to climb.

Therefore, in general, the recent turbulence adjustments in the ** market are difficult to stop. Although expectations for the market outlook are still acceptable, trading companies are still reluctant to wait for sales to rise. However, under the speculative enthusiasm of speculators and the unsatisfied downstream demand, the overall market is difficult to have. More ups and downs.