Phosphate fertilizer daily review: Market atmosphere is sluggish, downstream demand continues to be flat (December 14)

Monoammonium phosphate price index:

According to Feiduo data, on December 14, the 55% powder index of China's monoammonium phosphate was 3,437.50, stable; the 55% particle index was 3,400.00, stable; and the 58% powder index was 3,633.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is stable. In terms of factories, although factories still hold some advance orders, as the volume to be sent is gradually reduced, the support for fixed prices is weak. Currently, prices are stable and flexibly adjusted. Large factories have suspended quotations and have not yet made new prices. Prices of some small factories have secretly dropped, and a small number of orders have been accepted. Some companies have the intention to increase prices, and relevant policies have emerged one after another. In terms of the market, the market trading atmosphere is still weak, actual transactions are not good, overall performance is weak, and follow-up of new orders is slowing down. On the demand side, downstream raw material procurement is slowing down, and under the influence of the off-season, farmers 'enthusiasm for replenishing goods is sluggish. In terms of raw materials, the price of synthetic ammonia has declined, the tight supply of raw material phosphorus rock has not yet eased, and the cost operation continues to be strong. On the whole, at present, monoammonium companies tend to sort out prices based on their own conditions, and market demand is flat. It is expected that the market price of monoammonium phosphate will continue to stabilize and drop significantly 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 14, the 64% particle index of China's mainstream diammonium phosphate was 3,880.00, stable; the 60% brown index was 3,500.00, down; and the 57% content index was 3,590.00, down.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China dropped slightly today. In terms of enterprises, there is still support for enterprises to be ready for shipment, with sufficient advance receipts, and most of them are ready for shipment as near the end of January. Currently, most of them are mainly dealing with shipment. There is no inventory and sales pressure, and the quotations remain stable. In terms of the market, the diammonium market is operating weakly. Due to the recent narrow decline in market prices, the overall market trading atmosphere is sluggish, and the industry has a wait-and-see attitude. On the demand side, downstream demand in the mainstream market is weak, procurement enthusiasm is poor, and the trading atmosphere has weakened, continuing the wait-and-see mood. In terms of raw materials, the price of synthetic ammonia has declined, the tight supply of raw material phosphorus rock has not yet eased, and the cost operation continues to be strong. On the whole, although the diammonium market is currently supporting, downstream demand is flat and the market atmosphere is sluggish. It is expected that the market price of diammonium phosphate will continue to stabilize and consolidate downward in the short term.

Specific market prices in each region are as follows: