Good to not show up, ** Market trends are lost

The negative factors followed the recent domestic buoyancy in the ** market, downstream ** market price reductions are common, slow progress in the export of phosphate fertilizers, coupled with the impact of low-cost transactions in the port in the last two weeks, the market talks center of gravity down; According to Zhuo Chuang statistics, today made ** Average price was 1,609 yuan/ton, down 11.9% from the same period of last year. The external disk that has continued to be strong in the early stages has also begun to loosen. The recent mainstream of China's import transactions has been at CFR215-220 USD/ton, down from the previous price of USD 7-10/ton.

Sulfur market uncertainty along with the current point of view, the ** market bears the upper hand factor still prevails, the downstream demand continues to be unforced, is still a weakness. Although the export of phosphate fertilizer has been open for nearly half a month, the quantity and price of exports are still very satisfactory. At present, the international diammonium export price is hovering at FOB550-580 US$/ton, plus the fertilizer enterprises’ exports need to pay a certain deposit in advance. For most SMEs, Feeling pressure. From previous years, after the export of phosphate fertilizers, the buoyant market situation in the ** market failed to meet expectations. The market outlook remains uncertain.

Zhuo Chuang’s view In the first half of 2012, due to the slowdown in the global economy and the sharp decline in international crude oil, other peripheral negative factors dragged commodity prices generally lower. As a small crude oil product, due to external pressure, market performance has been delayed, but Zhuo Chong believes that relative to the market transition is still stable; is expected to tend to ease the trend in the latter part.

With domestic prices falling more and more, some companies began to make preparations to make up their positions. However, the loosening of external disks once again became the focus of attention. The market is still watching and the atmosphere is still strong. The industry is watching with money and the operation is hesitant. In the short term, the market outlook remains unclear, and there is insufficient driving force for downstream demand. Operators are cautious in operating and it is expected that the market may not be able to do a great deal in the near future.

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