Phosphate fertilizer daily review: The market is still positive to support the temporary stabilization of phosphate fertilizer prices (October 8)

Monoammonium phosphate price index:

According to Feiduo data, on October 8, China's 55% powder index of monoammonium phosphate was 3,131.25, 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 maintain a stable and low-key state. On the enterprise side, enterprises continue to implement advance orders, suspend quotations, and gradually reduce the number of waiting orders. There is still some support. In terms of costs, raw material prices continue to remain high, and costs are still supported. On the demand side, although autumn sales have come to an end, winter reserves in the Northeast market are still continuing, and the market needs are still there. Overall, the overall change in the monoammonium market has been small, and the market price of monoammonium phosphate is expected to continue to operate smoothly in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on October 8, the 64% particle index of China's mainstream diammonium phosphate was 3784, stable; the 60% brown index was 3320, stable; and the 57% content index was 3,282.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to operate smoothly. In terms of enterprises, enterprises continue to ship pre-received orders. At present, some enterprises have stopped for equipment maintenance, and the operating rate has dropped slightly. In terms of demand, the market demand for diammonium is flat, terminal demand is generally followed up, and the trading atmosphere is still flat. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia continue to rise, and cost support still exists. Overall, the trading atmosphere in the diammonium phosphate market is flat, and it is expected that the market price of diammonium phosphate will continue to maintain a stable and low-key state.

Specific market prices in each region are as follows: