Phosphate Fertilizer Daily Review: Industry start-up continues to improve, market sentiment gradually recovers (February 19)

Monoammonium phosphate price index:

According to Feiduo data, on February 19, the 55% powder index of China's monoammonium phosphate was 3,050.00, stable; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,383.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to be weak and stable. In terms of enterprises, most companies still have no clear quotations and maintain pre-holiday prices. Some companies continue to implement guaranteed prices, and actual transactions are still mainly negotiated. In terms of the market, the wait-and-see attitude in the market remains unchanged after the holiday. The market is gradually recovering, and the overall trading atmosphere is still relatively weak. On the demand side, the market still has just needed it. Although downstream compound fertilizer factories are actively purchasing goods, they generally receive goods in general, and the demand side is mainly wait-and-see. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continued to remain stable, the prices of synthetic ammonia rose slightly, the quotations were mostly stable, and the prices of raw materials were stable and consolidated. Overall, the current market atmosphere for monoammonium continues to be dull, and the market price of monoammonium phosphate is expected to continue to remain stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on February 19, the 64% particle index of China's mainstream diammonium phosphate was 3,851.67, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,522.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable. In terms of enterprises, while enterprises continue to ship pre-order orders, the current mainstream market is one after another, the industry's supply and demand situation is tight, and most of the company's quotations are stable. In terms of the market, the market is still in a dull wait-and-see atmosphere. After the holiday, the market atmosphere recovered slowly, and the overall market trading atmosphere was dull. On the demand side, the wait-and-see atmosphere in the agricultural spring plowing market continues, operators operate cautiously, and the trading atmosphere needs to be improved; the purchasing mentality of downstream industrial factories is relatively cautious, and a small number just need to be followed up. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained stable, the prices of synthetic ammonia were stable and slightly increased, and cost support remained weak and stable. On the whole, the current trading atmosphere in the diammonium market is slowly recovering, and it is expected that the market price of diammonium phosphate will continue to be weak and stable in the short term.

Specific market prices in each region are as follows: