Phosphate Fertilizer Daily Review: Companies 'pending orders support the short-term stabilization of quotations (May 27)

Monoammonium phosphate price index:

According to Feiduo data, on May 27, the 55% powder index of China's monoammonium phosphate was 3,062.50, stable; the 55% particle index was 3,080.00, stable; and the 58% powder index was 3,333.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is stable. On the enterprise side, the enterprise's pending orders continued to support, and continued to suspend order taking or limit order taking. The enterprise's equipment start-up load increased. However, under the support of pending orders for a short period of time, the enterprise's factory quotations remained high and stable. In terms of the market, the market's upward trend atmosphere is still strong, and the market remains at a high level. At present, low-priced goods are difficult to find in the market, and the market is operating firmly. On the demand side, the downstream mentality of chasing high prices has become cautious, and continues to maintain the need to purchase just now. The follow-up situation is average. In summer, more fertilizer is maintained and a small amount is needed just to follow up. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock remained stable, the market price of synthetic ammonia was weakened and lowered, and cost prices remained within a narrow range of fluctuations. On the whole, the current monoammonium market is ready to continue to support, with construction gradually picking up, and downstream cautiously following up. It is expected that the market price of monoammonium phosphate will continue to maintain a stable and moderate range in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 27, the 64% particle index of China's mainstream diammonium phosphate was 3,770.00, down; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,362.50, down.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China was lowered today. In terms of enterprises, business owners mainly ship export goods, with a small number of domestic orders. There is still support for shipment and export. Quotes continue to remain stable. Recently, some units have maintenance plans, and the industry's capacity utilization rate has declined. On the market side, international prices rebounded, Chinese market transactions were flat, operators 'wait-and-see attitude remained unchanged, and the market remained stable and consolidated. On the demand side, domestic demand is light, and it is in the final stage of corn manure, and downstream just needs a small amount of follow-up. In terms of raw materials, the prices of raw materials sulfur and phosphate rock fluctuated within a narrow range, the market price of synthetic ammonia weakened downward, and the cost price dropped slightly. On the whole, the diammonium phosphate market is currently being exported and supported by high costs, and China's demand is limited to follow up. It is expected that the market price of diammonium phosphate will stabilize slightly in a short period of time, with little change.

Specific market prices in each region are as follows: