Monoammonium phosphate price index:
According to Feiduo data, on January 8, the 55% powder index of China's monoammonium phosphate was 3,308.75, down; the 55% particle index was 3,400.00, stable; and the 58% powder index was 3,600.00, down.
Monoammonium phosphate market analysis and forecast:
Today, the market price of monoammonium phosphate in China has been consolidated downward. In terms of factories, manufacturers are currently not following up on new orders. Manufacturers have suspended quotations, and some quotations are still declining. Transactions are negotiated on a single basis and negotiations are maintained. In terms of the market, market trading was weak, the atmosphere remained weak, and demand remained sluggish. On the demand side, downstream compound fertilizer companies are not enthusiastic about purchasing, start operations at a low level, replenish goods poorly, and continue to wait and see mentality. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia have been consolidated downward, the price of phosphate rock has remained high, and the cost operation has continued to be stable. Overall, the current trading atmosphere in the monoammonium market is not good, manufacturers have suspended quotations, and downstream demand is weak. It is expected that the market price of monoammonium phosphate will continue to be weak in the short term.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on January 8, the 64% particle index of China's mainstream diammonium phosphate was 3,863.33, down; the 60% brown index was 3,460.00, stable; and the 57% content index was 3,547.50, stable.
Diammonium phosphate market analysis and forecast:
Today, the market price of diammonium phosphate in China declined slightly. On the enterprise side, the ex-factory prices of enterprises have remained stable. Currently, they are actively implementing advance orders for winter storage, and there are sufficient orders to be issued. The focus of diammonium enterprises is shifting to the Chinese market. In terms of the market, terminal demand for diammonium has not changed, the market procurement atmosphere continues to operate flat, and the current market delivery is not good. On the demand side, there is a large demand for winter reserves, but the market is progressing slowly and the demand has not yet been fully released. In terms of raw materials, the prices of synthetic ammonia and sulfur are weakening, while the supply of phosphorus ore is still tight and the price is rising, and the cost is being adjusted within a narrow range. On the whole, at present, most companies in the diammonium market carry out pre-payment in advance, and the arrival of winter storage is lagging behind. Currently, manufacturers have tight shipments, and it is expected that the market price of diammonium phosphate will continue to be consolidated in a short period of time.
Specific market prices in each region are as follows:
