Daily review of phosphate fertilizer: Diammonium prices have been sporadically corrected, and ammonium phosphate has generally stabilized and moved (June 19)

Monoammonium phosphate price index:

According to Feiduo data, on June 19, the 55% powder index of China's monoammonium phosphate was 2,522.50, stable; the 55% particle index was 2,850.00, stable; and the 58% powder index was 2,893.33, stable.

Monoammonium phosphate market analysis and forecast:

At the beginning of the week, China's monoammonium phosphate market maintained a consolidation operation. In summer, the production end of compound fertilizers is basically over, and downstream shipments turn weak. Affected by the low demand and price center of gravity, the operating load of factory equipment continued to decrease within a narrow range. The raw material synthetic ammonia market is operating in a weak position. Sulfur prices have remained low over the weekend. Phosphate rock has temporarily stabilized in recent days, and cost support continues to be weak. Overall, the monoammonium market was dragged down by demand in summer and autumn was still early, so the market conditions were temporarily stable. nbsp;   

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on June 19, the 64% particle index of China's mainstream diammonium phosphate was 3,603.33, stable; the 60% brown index was 3,300.00, stable; and the 57% content index was 2625, rising.

Diammonium phosphate market analysis and forecast:

Today, the center of gravity of China's diammonium phosphate market has adjusted within a narrow range, and prices in mainstream regions have been sporadic correction. It is reported that sales of low-concentration diammonium were relatively high this month. During the downstream replenishment process, the price of 57% primary colors in Hebei was narrowly increased to 2,580 - 2,630 yuan/ton, and the price of 57% primary colors in Shandong was narrowly increased to 2,580 - 2,700 yuan/ton. At present, raw material support is weak, factory production is under pressure, and downstream replenishment mainly consumes social inventory. In the last quarter, the shortage of high-content goods in the market has eased, and industry start-ups have been relatively low. However, market supply and demand can still maintain a tight balance, and the market is in a stalemate.

Specific market prices in each region are as follows: