Phosphate fertilizer daily review: flat demand, stable market operation (May 7)

Monoammonium phosphate price index:

According to Feiduo data, on May 7, the 55% powder index of China's monoammonium phosphate was 2,901.25, rising; the 55% particle index was 3,050.00, stable; and the 58% powder index was 3,250.00, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is partially adjusted. In terms of enterprises, enterprises are still waiting for development. Some factories have received orders in the near future, and some factories have tightened their supply of goods. They have received orders in a limited amount, and their quotations have been stable and slightly increased. In terms of the market, the start-up load of equipment in the industry is still at a low level, the mentality of operators has improved, and the market atmosphere has improved compared with the previous period. On the demand side, downstream agricultural procurement is generally motivated to follow up, and the demand atmosphere in some regions is still good. Most operators maintain a small amount of goods on demand, and still have just needed. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock remained stable, the market price of synthetic ammonia rose, and the price of raw materials increased steadily. On the whole, the downstream of the monoammonium phosphate market is just in need of follow-up, and the trading atmosphere has improved slightly. Coupled with the stable upward consolidation of cost prices, the high price is supported and stable. It is expected that the monoammonium phosphate market price will continue to remain stable and volatile in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 7, the 64% particle index of China's mainstream diammonium phosphate was 3,828.33, down; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,465.00, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China stabilized and fell slightly. On the enterprise side, among the enterprises 'advance receipt and export orders from China, there was no significant fluctuation in the ex-factory quotation, the quotation was stable, and the actual transaction was only negotiated. In terms of the market, the market atmosphere is on a wait-and-see basis, the overall arrival situation is gradually increasing, and the market is stable and fluctuates. On the demand side, China's demand is relatively flat. Summer corn fertilizer is just in need of follow-up. The overall follow-up operation mentality is cautious, and the demand side performance is flat. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained stable at high levels, while the price of synthetic ammonia rose within a narrow range, and cost support increased. Overall, the current market for diammonium is stable, downstream demand is flat, market changes are limited, and consolidation is the main focus. It is expected that the market price of diammonium phosphate will continue to stabilize and fluctuate in a short period of time.

Specific market prices in each region are as follows: