Phosphate fertilizer daily review: Rising cost prices support high phosphate fertilizer offers (May 30)

Monoammonium phosphate price index:

According to Feiduo data, on May 30, the 55% powder index of China's monoammonium phosphate was 3,137.50, rising; the 55% particle index was 3,080.00, stable; and the 58% powder index was 3,383.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to stabilize and increase. On the enterprise side, the enterprise has a large amount of waiting. Under the support of waiting, there is no pressure on sales. It continues to control the acceptance of new orders or suspends the acceptance of orders, and its quotations are stable and small. In terms of the market, the market continues to operate at a high level and firmly, but supply sources are still tight, market supplies are difficult to find, and prices continue to push up. On the demand side, there is still follow-up on the demand side, the supply of goods is tight, the downstream replenishment atmosphere is positive, and a small number of transactions are mainly carried out. In terms of raw materials, the focus of transaction of raw materials sulfur and phosphate rock shifted upward, the market price of synthetic ammonia continued to rise, and the price of raw materials rose. On the whole, the current supply of monoammonium in the market is tight, which is favorable to support the price rise. It is expected that the market price of monoammonium phosphate will continue to remain high in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 30, the 64% particle index of China's mainstream diammonium phosphate was 3,771.67, rising; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,377.50, rising.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is upward. In terms of enterprises, business owners ship export orders and receive a small number of domestic orders. The order acquisition situation is poor. The company is active in shipping, and the current quotation fluctuates relatively little and is mostly stable. In terms of the market, the trading atmosphere in the Chinese market is poor, domestic demand is weak, follow-up of new orders is limited, and the market's moving atmosphere is general, and weak consolidation continues. On the demand side, the domestic market has a small amount of just needed, but the follow-up is sluggish. It is in the late stage of summer fat shipment, and most downstream companies have just needed small orders to follow up. In terms of raw materials, the prices of raw materials sulfur and phosphate rock rose slightly, the market price of synthetic ammonia rose at a high level, and the price on the cost side increased. On the whole, although the current trading atmosphere in the diammonium market is flat, with the continued support of costs and waiting, it is expected that the market price of diammonium phosphate will remain stable in the short term.

Specific market prices in each region are as follows: