Phosphate fertilizer daily review: The price of raw material synthetic ammonia starts to rise, the ammonium phosphate market is stable and moving (July 6)

Monoammonium phosphate price index:

According to Feiduo data, on July 6, the 55% powder index of China's monoammonium phosphate was 2467.50, stable; the 55% particle index was 2825.00, stable; and the 58% powder index was 2860, stable.

Monoammonium phosphate market analysis and forecast:

Today, China's monoammonium phosphate market is stable, and mainstream quotations remain unchanged. With the slow entry of fertilizer preparation in autumn, the minimum guarantee policy has been gradually abolished, the price of raw material synthetic ammonia has increased slightly, and the market mentality is stable and optimistic. There is an increase in orders received by factories. As inventory pressure weakens and orders to be issued increase, the current ammonium market has a strong upward atmosphere. Specifically, it is necessary to continue to track the start progress of downstream factories. In the short term, the monoammonium phosphate market is mainly stable and wait-and-see.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 6, the 64% particle index of China's mainstream diammonium phosphate was 3505, down; the 60% brown index was 3,200.00, stable; and the 57% content index was 2615, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China has remained generally stable. The price of 64% of granules in Shandong, the mainstream region, has been significantly reduced by 50-100 yuan/ton to 3,350 - 3,600 yuan/ton. Diammonium is currently in a strong wait-and-see attitude in the market, with poor enthusiasm for upstream and downstream operations of the industry, and no high expectations for the future outlook. The autumn preparation of diammonium will have to wait until late July, when prices may increase, and new orders in autumn will gradually increase. In the short term, China's market activity may remain low, and companies will mainly execute export orders.

Specific market prices in each region are as follows: