Phosphate fertilizer daily review: The market is bullish and the price of phosphate fertilizer increases within a narrow range (March 5)

Monoammonium phosphate price index:

According to Feiduo data, on March 5, the 55% powder index of China's monoammonium phosphate was 3,076.25, stable; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,400.00, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to hold steady. In terms of factories, the factory currently holds some orders, there is no sales pressure, and the quotations are mostly adjusted upward. In terms of the market, the market has a strong bullish atmosphere, and under the influence of export news, prices are under downward pressure. On the demand side, downstream compound fertilizer companies continue to maintain on-demand procurement and have a wait-and-see mentality. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have increased slightly, the prices of synthetic ammonia have continued to increase, and the prices of raw materials have increased. On the whole, companies in the monoammonium phosphate market are currently ready to support, the market speculation atmosphere is strong, and the mentality of the industry is more bullish. It is expected that the market price of monoammonium phosphate will stabilize and gradually increase slightly in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on March 5, the 64% particle index of China's mainstream diammonium phosphate was 3,855.00, rising; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,527.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China increased slightly. On the enterprise side, the company's quotation has not changed, and the price has remained stable, and the price has been ready until the end of this month. The current market supply and demand are still tight, and the company's mentality is reluctant to sell is bullish. In terms of the market, the market still focuses on ensuring supply and stabilizing prices. Recently, goods shipments have improved. Some regions just need to follow up, and the market atmosphere is improving. On the demand side, demand is approaching, downstream just needs appropriate follow-up, and overall trading is good. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have been adjusted upwards in a narrow range, the price of synthetic ammonia continues to increase, and upstream cost support has strengthened. On the whole, the current supply of diammonium in the market is tight, and downstream needs are still needed. Appropriate purchases are maintained. It is expected that the market price of diammonium phosphate will temporarily stabilize in a short period of time.

Specific market prices in each region are as follows: