Phosphate fertilizer daily review: The market atmosphere is improving, phosphate fertilizer prices continue to increase (September 5)

Monoammonium phosphate price index:

According to Feiduo data, on September 5, China's 55% powder index of monoammonium phosphate was 3,121.43, rising; the 55% particle index was 2820, stable; and the 58% powder index was 3,333.33, rising.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to rise. In terms of enterprises, enterprises still carry out most pre-received orders, with a large amount of pending orders, often suspend quotations, and a small number of new orders are completed. In terms of cost, upstream cost support is strong, raw material ore prices continue to rise, and cost provides strong support. In terms of the market, there are still market needs, downstream purchases at high prices are generally motivated, and a small amount of on-demand purchases are purchased at low prices. On the whole, monoammonium cost support is strong and advance orders are supported. 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 September 5, the 64% particle index of China's mainstream diammonium phosphate was 3774, stable; the 60% brown index was 3540, stable; and the 57% content index was 3445, rising.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China continues to increase today. On the supply side, companies have sufficient shipments, and still carry out pre-payment in advance from China and exports, and temporarily suspend the process of quotation and order receiving. Although Chinese goods continue to be supplied, tradable goods are limited. On the demand side, diammonium exports and domestic demand support are relatively strong. Currently, the peak season for fertilizer preparation is temporarily in the autumn. Downstream continues to obtain goods on demand and is cautious about high-priced purchases. Overall, the current market cost demand for diammonium is good, and diammonium prices are expected to continue to remain high.

Specific market prices in each region are as follows: