Phosphate fertilizer daily review: The market is still good, phosphate fertilizer prices continue to rise (August 22)

Monoammonium phosphate price index:

According to Feiduo data, on August 22, the 55% powder index of China's monoammonium phosphate was 2,971.43, rising; the 55% particle index was 2820, stable; and the 58% powder index was 3,216.67, stable.

Monoammonium phosphate market analysis and forecast:

The price of monoammonium phosphate in China continues to increase today. In terms of manufacturers, manufacturers have sufficient shipments, and most of them can wait until early September. In addition, companies still suspend quotations and sales in many places, and deliver small quantities at high prices. In terms of costs, costs continue to rise upwards. With the support of positive costs, the market's bullish mentality has become increasingly strong. In terms of inventory, due to the continuous increase in downstream compound fertilizer procurement demand, the supply of low-end products in the market is also constantly decreasing. On the whole, the monoammonium market is still in need, and the market price of monoammonium phosphate is expected to continue to operate at a high level in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on August 22, the 64% particle index of China's mainstream diammonium phosphate was 3722, rising; the 60% brown index was 3250, rising; and the 57% content index was 3215, rising.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China continues to rise today. In terms of demand, China currently mainly cultivates autumn field crops and winter wheat, and there is a large demand for diammonium. In terms of enterprises, most companies currently implement advance receipts from China and exports. During the process of suspending collection or limiting collection in many places, the market volume is small, and traders are obviously reluctant to sell. In terms of price, the current export price of diammonium is rising significantly, and the high cost price has not decreased, prompting the price of diammonium to operate at a high level. On the whole, the diammonium market still has positive benefits, and prices are expected to run high in a short period of time.

Specific market prices in each region are as follows: