Phosphate fertilizer daily review: The market situation has not changed yet, and prices are stable (October 11)

Monoammonium phosphate price index:

According to Feiduo data, on October 11, the 55% powder index of China's monoammonium phosphate was 3,131.25, stable; the 55% particle index was 2,820.00, 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 continues to maintain a stable operation. In terms of enterprises, most companies are still in a state of waiting for support and have suspended quotations. Some orders can be executed until the end of this month or even the middle of next month. Under the support of waiting for support, monoammonium prices remain stable. In terms of cost, the price of raw material phosphorus rock continues to be stable today, and cost support weakens. On the demand side, the current market demand has come to an end, and most downstream stocks have been fully stocked in the early stage, so they have postponed purchases and a wait-and-see attitude. Overall, the monoammonium market is currently ready for support, and it is expected that the market price of monoammonium phosphate will continue to remain stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on October 11, the 64% particle index of China's mainstream diammonium phosphate was 3,770.00, stable; the 60% brown index was 3,280.00, stable; and the 57% content index was 3,262.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable. On the enterprise side, enterprises continue to execute previous orders, and currently there are a small number of remaining orders, and most enterprises have obvious intentions to accept orders. On the demand side, the downstream continues to have a small amount of follow-up, and the overall enthusiasm for replenishment is average. In terms of raw materials, the price of raw material synthetic ammonia continued to fall slightly, and cost support remained weak. Overall, the overall diammonium phosphate market has not changed, and it is expected that the market price of diammonium phosphate will remain stable and low in the future.

Specific market prices in each region are as follows: