Daily review of phosphate fertilizer: cost-end prices are firm, phosphate fertilizer is strong (August 28)

Monoammonium phosphate price index:

According to Feiduo data, on August 28, the 55% powder index of China's monoammonium phosphate was 2,997.14, rising; the 55% particle index was 2820, stable; and the 58% powder index was 3,216.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the price of monoammonium phosphate in China is relatively stable. In terms of enterprises, most enterprises are still in the process of suspending quotations and suspending orders receiving. They mainly issue orders received in advance in the early stage. The overall operating rate of the enterprises has not changed much, and the daily output has remained relatively stable. In terms of the market, prices at the upstream cost end remain high, with strong support, and downstream procurement is active. The market just needs to continue to support, and market prices continue to be strong. On the whole, the cost and price of monoammonium is high, and downstream needs are still needed. It is expected that the market price of monoammonium phosphate will continue to remain high.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on August 28, the 64% particle index of China's mainstream diammonium phosphate was 3722, stable; the 60% brown index was 3200, stable; and the 57% content index was 3215, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable. In terms of enterprises, most companies are still in the process of suspending quotations and suspending orders receiving, and they deal with more orders to be issued in the early stage, and companies are obviously willing to hold prices. In terms of the market, the current market arrival volume is small, the supply of goods is tight, and the market prices are tight. Internationally, Bangladesh's demand followed suit, and international prices rose again. On the whole, foreign demand for diammonium is superimposed and the market atmosphere is improving. It is expected that the price of diammonium will continue to remain high.

Specific market prices in each region are as follows: