Phosphate fertilizer daily review: Demand continues to be weak, Phosphate fertilizer prices are weak (December 18)

Monoammonium phosphate price index:

According to Feiduo data, on December 18, 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 continues to hold steady. In terms of factories, manufacturers 'orders continue to shrink, new orders are weak, factory sales pressure is gradually rising, current quotations are running steadily, and some manufacturers' prices are secretly lowered to accept new orders. In terms of the market, the market remained weak, trading was weak, and operators had a wait-and-see attitude. On the demand side, downstream demand is affected by unstable raw material prices, and actual follow-up is weak. Industrial demand for compound fertilizers has low enthusiasm for purchasing, and the mentality is wait-and-see, and the current reserve demand has slowed down. 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 remains firm. On the whole, the current market demand for monoammonium is flat, and it is unlikely that the price will change significantly. It is expected that the market price of monoammonium phosphate will continue to maintain a stable and small decline trend in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on December 18, the 64% particle index of China's mainstream diammonium phosphate was 3,880.00, stable; the 60% brown index was 3,500.00, stable; and the 57% content index was 3,590.00, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to be deadlocked. In terms of enterprises, the current ex-factory prices of enterprises are temporarily stable. Most of the pre-received orders are implemented, but a few prices are implicitly adjusted and orders are received, and the actual transaction price is maintained under negotiation. In terms of the market, the trading atmosphere in the diammonium market continues to be flat. Currently, the market volume is insufficient, and traders 'quotations are still higher than factory prices. On the demand side, downstream procurement mentality continues to wait and see, procurement enthusiasm is average, and a small amount of on-demand procurement is maintained. In terms of raw materials, the price of synthetic ammonia is declining, the supply of raw material phosphorus ore is still tight and the price is high, and the cost continues to be supported by high levels. Overall, the current supply of diammonium phosphate is tight, downstream fertilizer preparation follow-up is poor, and demand is weak. It is expected that the market price of diammonium phosphate will continue to be stable and deadlocked in a slight downward adjustment in the short term.

Specific market prices in each region are as follows: