Phosphate Fertilizer Daily Review: Industry operators wait and see how phosphate fertilizer prices are firm (December 6)

Monoammonium phosphate price index:

According to Feiduo data, on December 6, the 55% powder index of China's monoammonium phosphate was 3,455.00, stable; 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 overall market price of monoammonium phosphate in China is stable. In terms of factories, most factories still have support for waiting, mainly executing orders to be issued in the early stage, and currently suspending quotations. In terms of the market, the market trend is weak, new orders are weak, and actual transactions are maintained under negotiation. In terms of supply, the capacity utilization rate of the monoammonium industry is still at a high level, and the market supply is relatively sufficient. On the demand side, the demand atmosphere is weak, and the purchasing pace of industry operators has slowed down. Most of the market needs are in the Northeast region, purchasing small amounts on demand and waiting and waiting. In terms of raw materials, the price of synthetic ammonia has rebounded slightly in recent days, the tight supply of raw material phosphorus rock has continued, sulfur has been reduced slightly, and raw material prices have been adjusted within a narrow range. On the whole, the raw material price in the monoammonium market is relatively stable, and the market demand is slowing down. We should wait and see. It is expected that the market price of monoammonium phosphate will remain stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on December 6, 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 operate at a high level. In terms of enterprises, enterprises continue to ship pre-received orders and are currently putting small quantities into the market in batches. However, social inventories in winter storage remain low. Supported by a small amount of spot supplies, enterprises are holding prices. Currently, the market price of diammonium is high and firm. In terms of the market, the arrival of diammonium in the market is still slow, the mood is weak, and the sellers are reluctant to sell. On the supply side, social inventories in the mainstream market are low, market supplies are tight, and supply is small, resulting in tight and rising prices of diammonium. On the demand side, winter reserves are advancing slowly, the demand side performs generally, the downstream mentality is cautious and wait-and-see, and the overall trading atmosphere is weak. In terms of raw materials, the prices of raw materials phosphate rock and synthetic ammonia have stabilized and increased, while the cost and price of diammonium fluctuated. On the whole, the current operating rate of diammonium is low and the market supply is tight. It is expected that the market price of diammonium phosphate will remain high in the short term.

Specific market prices in each region are as follows: