Phosphate fertilizer daily review: Market demand continues to follow up with high prices consolidating (March 11)

Monoammonium phosphate price index:

According to Feiduo data, on March 11, the 55% powder index of China's monoammonium phosphate was 3,118.75, stable; the 55% particle index was 3,150.00, stable; and the 58% powder index was 3,433.33, 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 still has support for orders pending, some of them are still suspended, and the actual transaction remains under negotiation. In terms of the market, the market is mainly operating steadily, the inquiry atmosphere has improved, and the focus of transactions has not changed significantly. On the demand side, downstream companies maintain on-demand procurement, industrial compound fertilizer factories follow up on picking up goods, plant operating rates increase, and on-demand procurement continues to be maintained. In terms of raw materials, the prices of raw materials sulfur and phosphate rock increased slightly, the prices of synthetic ammonia continued to rise, and the prices of raw materials rose steadily. On the whole, monoammonium manufacturers are currently ready to support and downstream demand is following up. It is expected that the market price of monoammonium phosphate will continue to remain stable and narrow 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 11, the 64% particle index of China's mainstream diammonium phosphate was 3,855.00, stable; 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 remains stable. On the enterprise side, the enterprise continues to implement the project, the quotation is stable, some of the quotation is suspended, and the price adjustment is adjusted by observing the market. In terms of the market, the market trading atmosphere is stable, and the supply of goods remains tight, which is good for high prices. On the demand side, farmers 'needs for winter storage continue to follow up, and the purchasing atmosphere of end growers still needs to be restored. Downstream factories are more enthusiastic about preparing fertilizer, but acceptance of high prices is limited, and more on-demand replenishment is maintained. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continued to rise slightly, and the prices of synthetic ammonia continued to rise, with strong cost support. On the whole, the current supply of diammonium phosphate in the market is tight, demand is steadily following up, and the cargo atmosphere is improving. It is expected that the market price of diammonium phosphate will continue to remain high in the short term.

Specific market prices in each region are as follows: