* Huang Chungeng market can be expected
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For one, the spring plough preparation fertilizer promotes the start-up rate of fertilizer companies. As the spring plowing approached, the fertilizer market began to become active. Distributors who did not have much inventory began to actively stock their products. The market of diammonium phosphate has been started, and the transaction volume has begun to enlarge. The monoammonium phosphate is expected to start in March, and the demand for compound fertilizer has obviously risen. With the increase in the operating rate of fertilizer companies, the production of yellow acid will increase the demand for * yellow, in order to meet the demand for spring plough and fertilizer in March, which is the most important positive factor in the yellow market.
Second, the chemical market is picking up and yellow demand is picking up. Due to the weakening of the international and domestic economic environment years ago, the chemical market has also caused a major impact. *Yellow is a major inorganic chemical raw material, and in addition, a large number of small and medium-sized chemical companies such as dyes and pesticides have ceased production during the Spring Festival holidays. Limit production, reducing the demand for * yellow. With the recovery of the domestic economic environment and the ease of funding began to ease, dyes and pesticides companies in Hebei, Shandong, Inner Mongolia, Sichuan, Ningxia and other provinces have started work, increasing the demand for *yellow, which is also the price of these regions One of the reasons for starting.
Third, the international market stabilized and stabilized. It is understood that the international inventory of early supply pressure has eased, along with the increase in the number of small yellow chemical companies inquiries and the general rise in domestic refinery shipment prices, import and export dealers full confidence in the current round of the market, began to increase the shipping price. The external disk has rebounded slightly. The transaction price in the Chinese market has risen from CFR180 in the previous period to CFR200, which will play a positive role in promoting the domestic yellow market.
Fourth, market sentiment improved to help the market recover. With the increase in the price of Sinopec's Puketian* Yellow, companies in various parts of the country have increased their quotation in different degrees, and there has been an increase in port inquiries, and the market atmosphere has begun to become active. In addition, due to the positive effects of funds, trader's liquidity began to accelerate, and large-scale purchases began to increase. Both sellers and purchasers had a good expectation for the market outlook, which changed the psychology of early-term bearishness. In addition, transportation has returned to normal after the end of the Spring Festival season, which will inevitably accelerate the circulation speed and help the market continue to pick up.