Phosphate Fertilizer Daily Review: It's up again! Monoammonium in Sichuan rose by 100 yuan/ton again (July 27)

Monoammonium phosphate price index:

According to Feiduo data, on July 27, China's 55% powder index of monoammonium phosphate was 2,601.25, rising; the 55% particle index was 2,825.00, stable; and the 58% powder index was 2,943.33, rising.

Monoammonium phosphate market analysis and forecast:

Today, the market for monoammonium phosphate in China has once again risen. Among them, 55 powder in Sichuan has once again increased by 100 yuan/ton. Downstream inquiries have increased, and the market sentiment has been positive. At present, most companies can implement advance orders until the end of July or late August, and a few can be issued until early September. As large-scale compound fertilizer factories complete the first round of raw material procurement, the needs of small and medium-sized enterprises are also gradually reflected. During the week, the capacity utilization rate in Hubei and Yunnan continued to increase slightly. Most devices in Hubei have also been put into production, and the supply of the industry has improved. On the demand side, the start-up of compound fertilizer companies has gradually increased, and market prices have risen slightly today, and the market has slowly advanced. On the whole, the supply and demand in the monoammonium phosphate market have been gradually increasing recently, and prices may continue to increase steadily.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 27, the 64% particle index of China's mainstream diammonium phosphate was 3,463.33, stable; the 60% brown index was 2,900.00, stable; and the 57% content index was 2,647.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the mainstream quotations in China's diammonium phosphate market remain stable. Driven by the monoammonium market, the diammonium market has begun to have a rising atmosphere, and downstream inquiries are also increasing. Data shows that the month is the peak period for phosphate fertilizer consumption in India. Recently, information on India's urea bidding came out. Combined with the large amount of imports of diammonium from China last month, it is speculated that the diammonium export market will still perform positively this month. 57% of the goods on the market are cost-effective, and the market supply is tight, and traders are beginning to feel reluctant to sell. In the short term, the price of diammonium will basically remain stable at least until the official fertilizer preparation begins in the autumn at the end of August, or the price will increase due to supply shortages in some areas due to equipment failures.

Specific market prices in each region are as follows: