Phosphate fertilizer daily review: After the holiday, the market hype atmosphere is stronger and the price trend of phosphate fertilizer is improving (February 20)

Monoammonium phosphate price index:

According to Feiduo data, on February 20, 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 hold steady. On the enterprise side, enterprises continue to implement the pre-holiday minimum guarantee policy. The current factory quotation has not changed, and prices remain at the pre-holiday level. In terms of the market, market inquiries have increased recently, but follow-up of actual orders has been limited. The current market trading atmosphere is gradually recovering. On the demand side, a small number of market inquiries have been followed up, and the downstream compound fertilizer market is slowly starting up, and enthusiasm for purchasing monoammonium still needs to be improved. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continued to remain stable, the prices of synthetic ammonia continued to rise slightly, and the prices of raw materials were stable and adjusted to a small margin. Overall, the current trading of monoammonium after the holiday is gradually recovering, and demand is showing signs of starting. It is expected that the market price of monoammonium phosphate will continue to hold steady in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on February 20, 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. On the enterprise side, enterprises actively shipped advance orders, and the quotations of some enterprises increased within a narrow range; the quotations of upstream traders remained stable, and the collection prices had not been significantly adjusted. In terms of the market, the market trading atmosphere has improved compared with the previous period, and the overall shipment of goods has improved. The current market supply is relatively tight and spot supply is tight. On the demand side, demand for spring plowing after the holiday is gradually recovering. Under the influence of export rumors, the hype atmosphere among industry operators has increased slightly. They have been waiting to see export policies, and the overall wait-and-see atmosphere is still strong. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continued to remain stable, the prices of synthetic ammonia were stable and slightly increased, and cost support was mainly weak and stable. On the whole, the current supply of diammonium in the market is tight. In addition, the market is just in need, and the price is easy to rise but not fall. It is expected that the market price of diammonium phosphate will be stable and consolidated in a short period of time.

Specific market prices in each region are as follows: