Phosphate fertilizer daily review: Market demand follows up. General phosphate fertilizer prices are stable and are being consolidated (November 27)

Monoammonium phosphate price index:

According to Feiduo data, on November 27, the 55% powder index of China's monoammonium phosphate was 3,493.75, down; the 55% particle index was 3,400.00, stable; and the 58% powder index was 3,683.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China was slightly lowered. In terms of factories, factories all hold some pending orders, and prices have remained stable under the support of pending orders. Currently, the trading atmosphere for new orders in the market has weakened, prices have loosened in a narrow range, and prices between traders and factories have diverged. On the supply side, the operating rate fell slightly, and the unit output shrank slightly, but the overall operating rate remained high. On the demand side, under the support of the policy of ensuring supply and stabilizing prices, market shipments are average, downstream procurement enthusiasm has slowed down, and new orders have been sold low. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained stable, while the price of synthetic ammonia dropped slightly. Among them, the tight supply of phosphate rock continued, and there was still support for the price of monoammonium in the short term. On the whole, the large number of monoammonium phosphate factories is still one of the important factors supporting high prices. It is expected that the market price of monoammonium phosphate will remain deadlocked in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on November 27, the 64% particle index of China's mainstream diammonium phosphate was 3,880.00, stable; the 60% brown index was 3,670.00, 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 remains high. On the enterprise side, enterprises continue to implement advance orders in the early stage, and most domestic sales have been suspended to continue to support. On the supply side, the market arrival volume is limited, and most of them are waiting for mainstream companies to buy out the collection price. In terms of demand, the winter storage market is still in need, and the demand is large, and the tight supply situation will continue in a short period of time. In terms of the market, downstream people often inquire for goods at low prices, and actual purchases often wait and see. Currently, the enthusiasm for purchasing in the market is relatively low. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained stable, while the price of synthetic ammonia dropped slightly. Among them, the tight supply of phosphate rock continued, and there was still support for the price of monoammonium in the short term. On the whole, the downstream purchasing willingness in the diammonium market is currently low and the supply of goods is limited. It is expected that the price of diammonium phosphate will continue to be consolidated in a short period of time.

Specific market prices in each region are as follows: