Daily review of phosphate fertilizer: Business owners 'advance receipts decreased in the early stage of implementation (September 20)

Monoammonium phosphate price index:

According to Feiduo data, on September 20, 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. On the enterprise side, business owners implemented pre-received orders and suspended quotations. Some of them could last until the end of this month. A small number of new orders were completed. The company's willingness to ship increased, and the transaction price was lowered within a narrow range. In terms of cost, the market price of raw material phosphate rock is still high, providing high support for monoammonium. On the demand side, demand has gradually weakened, and downstream autumn fertilizer raw materials are mainly replenished in small amounts. Overall, the market atmosphere for monoammonium is still 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 20, the 64% particle index of China's mainstream diammonium phosphate was 3774, stable; the 60% brown index was 3320, rising; 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 the number of orders to be issued will be increased until the middle of next month. The number of orders to be issued will be reduced relatively. The pre-order orders will sink rapidly, and the market situation has not changed significantly. On the demand side, downstream traders are cautious and have average purchasing enthusiasm. In terms of cost, each upstream raw material product has stabilized and fluctuated, simultaneously affecting the price changes of diammonium. On the whole, the cost of diammonium has limited fluctuations, and companies are ready to support it in a short period of time. It is expected that the market price of diammonium will remain stable.

Specific market prices in each region are as follows: