According to Feiduo data, on January 16, the 55% powder index of China's monoammonium phosphate was 3,196.88, down; the 55% particle index was 3,250.00, down; and the 58% powder index was 3,416.67, down.
Monoammonium phosphate market analysis and forecast:
The market price trend of monoammonium phosphate in China continues to be weak today. On the enterprise side, the trading of new orders continues to be flat, with no clear quotation, and the actual transaction continues to be negotiated. Currently, some factories have introduced relevant policies for downstream core customers, and the prices of some small factories and traders continue to fall. On the market side, the market trend continues to be weak and the trading atmosphere remains flat. On the demand side, market demand is weak, downstream compound fertilizer products are slow to deliver, corporate inventory pressure is gradually increasing, and start-ups are mostly declining. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia continued to decline, the price of phosphate rock temporarily stabilized, and raw materials continued to decline. On the whole, the current market demand and cost support for monoammonium have gradually weakened, and industry investors have strong bearish sentiment. It is expected that the market price of monoammonium phosphate will continue to stabilize and fall sharply in the short term.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on January 16, the 64% particle index of China's mainstream diammonium phosphate was 3,860.00, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,542.50, stable.
Diammonium phosphate market analysis and forecast:
Today, the market price of diammonium phosphate in China continues to hold steady. On the enterprise side, the enterprise continues to focus on executing pending orders. The factory quotation has not changed, the price is firm, the price is chaotic, and the actual transaction continues to be a single discussion. In terms of the market, the market trend is still weak and the trading atmosphere is running flat. On the demand side, the demand side continues to be weak and has not seen significant improvement. Currently, grain prices are operating at a low level, terminals are generally enthusiastic about purchasing enough, downstream traders have weak intentions to cover positions, and the overall wait-and-see attitude is strong. In terms of raw materials, the prices of synthetic ammonia and sulfur continue to be consolidated downward, while the supply of phosphorus ore is still tight and the price is rising, and cost support is weakening. On the whole, the current situation in the diammonium market is general, the wait-and-see attitude of the industry remains unchanged, and cost support is weakened. It is expected that the market price of diammonium phosphate will continue to be weak in the short term.
Specific market prices in each region are as follows:
