Phosphate fertilizer daily review: Market changes, stable prices continue to operate at high levels (September 7)

Monoammonium phosphate price index:

According to Feiduo data, on September 7, the 55% powder index of China's monoammonium phosphate was 3,121.43, stable; the 55% particle index was 2820, stable; and the 58% powder index was 3,333.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China remains high. In terms of enterprises, most companies are still suspending quotations, accepting orders in a limited manner, and executing more in the early stage. A small number of new orders have been sold, and some of them have been sold at high prices. In terms of cost, the prices of various raw materials have stabilized, but there has been little change in costs, and prices at the cost end have remained high. Overall, the overall monoammonium market has not changed much, 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 September 7, the 64% particle index of China's mainstream diammonium phosphate was 3774, stable; the 60% brown index was 3450, stable; and the 57% content index was 3445, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China remains high. In terms of supply, companies have sufficient shipments, and still carry out pre-sales in China and exports, and temporarily suspend quotations and order receiving. During the process of suspending orders, the market supply is scarce, the arrival is slow, and the supply side is basically unchanged. On the demand side, the diammonium market is still in need, and a small amount of downstream replenishment is still available at low prices. There is still a certain gap in the demand side, which is good for the increase in the diammonium market price. On the whole, there is still a gap in demand in the diammonium market, and it is expected that the diammonium market price will continue to remain high.

Specific market prices in each region are as follows: