Phosphate fertilizer daily review: Costs continue to support phosphate fertilizer price consolidation and operation (September 26)

Monoammonium phosphate price index:

According to Feiduo data, on September 26, the 55% powder index of China's monoammonium phosphate was 3,100.00, rising; 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 maintained a slight upward adjustment. On the enterprise side, the enterprise still implements the delivery of orders received in advance and suspends the quotation to provide good support. In terms of cost, the price of raw material synthetic ammonia continues to rise, and there is still support on the cost side. On the demand side, downstream still maintains a small amount of on-demand repayments, the overall market atmosphere is flat, and the demand side continues to remain unchanged. Overall, the monoammonium market has not changed much, and the market price of monoammonium phosphate is expected to continue to remain firm in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on September 26, the 64% particle index of China's mainstream diammonium phosphate was 3774, stable; the 60% brown index was 3320, stable; and the 57% content index was 3,352.50, falling.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to operate smoothly. On the enterprise side, the enterprise still has support, continues to ship pre-received orders, and temporarily suspends quotation and orders receiving. On the demand side, terminal demand is currently being followed up in a small amount, procurement enthusiasm is not good, and the overall market trading atmosphere continues to be dull. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia continue to rise, and the cost side provides high price support. Overall, the overall atmosphere of the diammonium phosphate market is dull, and the market price of diammonium phosphate is expected to remain stable and low.

Specific market prices in each region are as follows: