Phosphate fertilizer daily review: Upstream exports are good, phosphate fertilizer prices continue to rise (August 14)

Monoammonium phosphate price index:

According to Feiduo data, on August 14, the 55% powder index of China's monoammonium phosphate was 2,848.57, rising; the 55% particle index was 2,820.00, stable; and the 58% powder index was 3,066.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate 55% powder in China continues to maintain an upward trend. In addition, most monoammonium companies are currently receiving orders in limited quantities or suspending sales. Therefore, the market is currently in a state of small supply and large demand, and most companies are waiting for orders. The main priority is to be ordered, and a small amount of just-needed purchases are still maintained downstream. On the whole, due to the current shortage of monoammonium market, the market price of monoammonium phosphate is expected to maintain a slight upward trend in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on August 14, the 64% particle index of China's mainstream diammonium phosphate was 3556, rising; the 60% brown index was 3000, stable; and the 57% content index was 3050, rising.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to maintain an upward trend, and corporate prices have increased more. Most companies are reluctant to sell, and most companies have suspended bidding. In addition, due to the low amount of fertilizer prepared by downstream traders, there is still demand in the future. Coupled with the slight increase in upstream sulfuric acid prices today, it has also promoted the steady increase in the market price of diammonium to a certain extent. On the whole, due to the small amount of manufacturers 'inventories, the still existing demand in the future, and the rising price of upstream sulfuric acid, it is expected that the market price of diammonium phosphate will remain high in the short term.

Specific market prices in each region are as follows: