Phosphate Fertilizer Daily Review: Most companies suspend quotations mainly due to pending (August 24)

Monoammonium phosphate price index:

According to Feiduo data, on August 24, the 55% powder index of China's monoammonium phosphate was 2,985.71, 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 increased slightly today. On the enterprise side, most companies are still in the process of suspending quotations and suspending order receiving. They mainly issue pre-received orders, and traders realize profits. Enterprises are more willing to ship and maintain high prices. In terms of the market, the current market demand for monoammonium still exists, raw material cost support is strong, downstream procurement is active, and the market atmosphere is improving. Overall, there is still room for monoammonium market demand, and the market price of monoammonium phosphate is expected to continue to remain high.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on August 24, the 64% particle index of China's mainstream diammonium phosphate was 3722, stable; the 60% brown index was 3200, down; and the 57% content index was 3215, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China has dropped slightly. Affected by the continuous price increases in previous days, the price of diammonium in some enterprises has reached a high level. In terms of enterprises, most enterprises have not yet made bids, and have implemented more advance orders. Enterprises 'enthusiasm for production has increased and construction has remained high. In terms of the market, there are currently relatively small quantities of goods arriving in the market, the supply of goods is tight, and the prices of goods in the market are tight. Overall, the diammonium market is currently in an unbalanced state of supply and demand, and diammonium prices are expected to continue to operate at a high level.

Specific market prices in each region are as follows: