Phosphate Fertilizer Daily Review: The market is ready to support price consolidation and operation (September 19)

Monoammonium phosphate price index:

According to Feiduo data, on September 19, the 55% powder index of China's monoammonium phosphate was 3,092.86, stable; the 55% particle index was 2820, stable; and the 58% powder index was 3,316.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to operate at a high level. In terms of enterprises, some enterprises still have remaining advance orders in the previous period, and are currently suspending quotations. Some of them can last until the end of this month. A small number of new orders have been completed, and the trading atmosphere is general. In terms of cost, the market price of raw material phosphate rock is stable, and there is still good support for cost. In terms of demand, the market is slightly dull, downstream continues to maintain a small amount of on-demand replenishment, procurement becomes more rational, and the overall market continues to maintain a wait-and-see atmosphere. Overall, the overall atmosphere of the monoammonium phosphate market is relatively dull, and the market price of monoammonium phosphate is expected to be stable and stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on September 19, the 64% particle index of China's mainstream diammonium phosphate was 3774, stable; the 60% brown index was 3210, stable; and the 57% content index was 3,412.5, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to operate smoothly. On the enterprise side, enterprises continue to ship pre-received orders and will be ready until the middle of next month. The overall supply is tight and the market conditions have not changed significantly. On the demand side, downstream traders still have just needed it and follow up on a small amount of replenishment, and the overall wait-and-see attitude remains unchanged. On the whole, although the market performance was sluggish, there was still just downstream demand in the autumn, coupled with support, and it is expected that the market price of diammonium will operate smoothly.

Specific market prices in each region are as follows: