Phosphate fertilizer daily review: Enterprises are mainly in the market and market demand is steadily following up (March 13)

Monoammonium phosphate price index:

According to Feiduo data, on March 13, 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 is stable. In terms of factories, the factory continues to execute advance orders and will be ready until the end of March or early April. Among the manufacturers actively shipping advance orders, there is no significant change in prices. In terms of the market, the overall trading atmosphere in the market is moderate, with a small number of new orders being sold and high-priced transactions showing signs of weakness, so negotiations continue to be maintained. In terms of demand, downstream compound fertilizer shipments have improved slightly, and a small amount of on-demand procurement continues to be maintained, but no significant improvement has yet occurred. The overall mentality of purchasing at high prices has been cautious. In terms of raw materials, the prices of raw materials sulfur and phosphate rock fluctuated within a narrow range, the price of synthetic ammonia continued to increase, and cost price support was strong. On the whole, with the support of monoammonium manufacturers and raw material prices, it is expected that the market price of monoammonium phosphate will be stable and gradually detected 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 13, 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 continues to hold steady. On the enterprise side, the enterprise still executes pending orders until next month. There is no sales pressure, the mentality is good, and the current quotations are mostly stable. In terms of the market, the market continued its stable trend, and the trading atmosphere was more stable than in the previous period. Under high market prices, purchases and purchases maintained on-demand replenishment. On the demand side, market demand for agricultural spring plowing continues to follow up, and downstream industrial factories maintain on-demand procurement. Overall trading is stable, and demand remains in the future. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continue to consolidate, the price of synthetic ammonia continues to rise, and raw material support is strong. On the whole, diammonium companies are currently waiting for support, and demand in the future market is still there. It is expected that the market price of diammonium phosphate will stabilize and push up in a short period of time.

Specific market prices in each region are as follows: