Phosphate Fertilizer Daily Review: Market procurement is slowing down, prices are deadlocked, and operations are in operation (December 4)

Monoammonium phosphate price index:

According to Feiduo data, on December 4, the 55% powder index of China's monoammonium phosphate was 3,461.25, 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 continues to hold steady. In terms of factories, most factories are currently suspending quotations due to support. In terms of the market, the trading of new orders in the market is average, and the holders are interested in shipping, and their focus of gravity has declined. In terms of supply, the operating rate of the monoammonium market was increased by 4.98% month-on-month last week, and the supply was relatively sufficient in the short term. In terms of demand, there is still demand in the Northeast market, but market procurement is slowing down; downstream compound fertilizer demand is generally followed up, procurement intentions are weak, and the mentality is cautious and wait-and-see; exports are still tight, and exports are still difficult in the short term. In terms of raw materials, the supply and price of raw material phosphorus rock are tight, the prices of sulfur and synthetic ammonia continue to decrease slightly, and the price support of raw materials has weakened. On the whole, the monoammonium market has limited positive support and negative impact on the demand side and raw materials. It is expected that the market price of monoammonium phosphate will stabilize and consolidate in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on December 4, 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 continues to maintain a high level of consolidation. On the enterprise side, enterprises have abundant advance orders and are mainly executing advance orders. Market arrival is limited, and upstream traders 'quotations are firm at high levels. In terms of the market, the diammonium market is stable and consolidating, the market purchasing atmosphere is weak, the mood has turned to wait-and-see, and the trading atmosphere is weak. On the supply side, the market supply is still tight and prices are stable. On the demand side, downstream procurement enthusiasm has weakened, and market transactions have basically stalled. In terms of raw materials, the price of raw material phosphate rock pushed up within a narrow range, the prices of sulfur and synthetic ammonia were slightly lowered, and the prices of raw materials were consolidated. On the whole, the quotations of companies in the diammonium market are currently stable, and the downstream has a strong wait-and-see attitude. It is expected that the price of diammonium phosphate will remain stable in the short term.

Specific market prices in each region are as follows: