Phosphate Fertilizer Daily Review: Market prices are stable and small under the call to ensure supply and stabilize prices (November 20)

Monoammonium phosphate price index:

According to Feiduo data, on November 20, the 55% powder index of China's monoammonium phosphate was 3,475.00, stable; the 55% particle index was 3,400.00, stable; and the 58% powder index was 3,616.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to hold steady. On the enterprise side, the enterprise currently continues to implement pre-received orders, which can be executed for more than one month. There is no sales pressure and a strong mentality. On the supply side, Nissan continues to maintain a low level, with tight spot supplies on the market, making it difficult to find goods in the market. On the demand side, Winter Storage is still in the process of continuous procurement, and the industry has a wait-and-see mentality. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia are firm, the supply of phosphate rock is still tight and bullish, and the cost support is strong. On the whole, the monoammonium market is called to ensure supply and stabilize prices. Currently, the market price is stable. It is expected that the market price of monoammonium phosphate will remain consolidated in a short period of time, and it is still necessary to continue to pay attention to the situation of this industry meeting.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on November 20, the 64% particle index of China's mainstream diammonium phosphate was 3,880.00, stable; the 60% brown index was 3,760.00, stable; and the 57% content index was 3,610.00, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to be high. In terms of enterprises, enterprises are still relatively sufficient advance orders, mainly issuing early export orders, and the market focus continues to remain high. In terms of supply, the mainstream market has a tight supply of goods, limited circulation of goods, and tight prices of market goods. Currently, Chinese factories focus on supplying to the Chinese market, with limited export volume, and Chinese supplies are being released one after another. On the demand side, the downstream stream continues to follow up, and during the winter storage process, the industry has a wait-and-see mentality. In terms of raw materials, cost prices are high, the prices of sulfur and synthetic ammonia are flat, and the overall price of phosphorus rock is relatively stable, and there is still support for cost. On the whole, there is still just demand in the downstream of the diammonium market, there is still support for the superimposed raw material costs, and the market center of gravity remains high. It is expected that the price of diammonium phosphate will be adjusted in a narrow range in a short period of time.

Specific market prices in each region are as follows: