Phosphate fertilizer daily review: New orders and small amounts of cost support are weak (January 17)

Monoammonium phosphate price index:

According to Feiduo data, on January 17, the 55% powder index of China's monoammonium phosphate was 3,196.88, stable; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,416.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is weak and stable. On the enterprise side, new orders from enterprises are not ideal, and sales pressure continues to increase. In order to receive new orders, some companies have begun to introduce trading policies for downstream core customers. Low market prices continue to emerge, and actual transactions continue to be negotiated. In terms of the market, the market trend is still weak, trading in new orders is limited, and the atmosphere continues to be dull. In terms of demand, the market demand is weak, the trend of downstream compound fertilizers is weak, the demand is average, the shipment is flat, and the wait-and-see attitude is strong. Currently, construction in many places is declining, and the procurement of raw materials is slowing down. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia continued to decline, the prices of phosphorus rock remained stable, and raw materials were operating in a weak position. On the whole, the monoammonium market is currently operating in a weak manner, with a small number of new orders being sold, and the market price is chaotic. It is expected that the market price of monoammonium phosphate will continue to weaken and decline in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on January 17, 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 3,530.00, falling.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to operate weakly and steadily. On the enterprise side, the enterprise continues to implement the main tasks, adjust the ex-factory price steadily, follow up on a small number of new orders, and focus on actual transactions on negotiation. In terms of the market, the market's wait-and-see attitude has not diminished, the trading atmosphere has remained flat, and the overall stock market has been average. On the demand side, grain prices are currently sluggish, terminal demand is following up and taking a wait-and-see attitude, demand is limited, and there is insufficient support for diammonium shipments. In terms of raw materials, the prices of raw materials synthetic ammonia and sulfur have declined, the supply of phosphorus rock is still tight and the price is rising, and the cost continues to be adjusted downward. On the whole, companies in the diammonium market continue to process agency sales, with a small number of new orders, and downstream waiting and waiting. The overall situation is in a stalemate game. 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: