Phosphate Fertilizer Daily Review: There is a strong market push atmosphere, and corporate quotations are increased (June 4)

Monoammonium phosphate price index:

According to Feiduo data, on June 4, China's 55% powder index of monoammonium phosphate was 3,256.25, rising; the 55% particle index was 3,080.00, stable; and the 58% powder index was 3,466.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to stabilize and increase slightly. In terms of enterprises, among the orders shipped by enterprises, most large factories have large orders to issue, and some small factories control a small number of orders. Currently, order receiving continues to be suspended, and the quotations continue to be adjusted upward and consolidated. In terms of the market, the market search for goods has increased, and the current supply of goods is still tight. The sentiment of the industry is high and the atmosphere of speculation is strong. On the demand side, downstream needs still exist, and the inquiry atmosphere is positive. Under the influence of the current high prices, the mentality is more wait-and-see. In terms of raw materials, the market price ranges of raw materials sulfur and phosphate rock have been adjusted, the market price of synthetic ammonia has been lowered, and the price of raw materials has weakened. On the whole, the current atmosphere in the monoammonium market is relatively good, and the industry has a strong speculation atmosphere. It is expected that the monoammonium phosphate market will continue to consolidate well in the short term, and prices will remain stable and seek to rise.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on June 4, the 64% particle index of China's mainstream diammonium phosphate was 3,771.67, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,457.50, rising.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China continued to increase slightly today. On the enterprise side, enterprises continue to carry out the shipment of orders and export goods from China. Currently, orders are better and prices are mainly settled. Actual transactions are negotiated more, and quotations are pushed upward within a narrow range. In terms of the market, the market has a strong upward atmosphere, and the sentiment of the industry is high, which has improved compared with the previous period. However, after the price increase, the market trading atmosphere is general, the pace has slowed down, and the market is more concerned. In terms of demand, the mainstream market demand for summer fertilizers is coming to an end, domestic demand is gradually ending, and downstream chasing is cautious. It only needs to follow up, but the follow-up on the demand side is slightly insufficient. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have stabilized and adjusted to a small margin, the market price of synthetic ammonia has fallen, and the cost has fluctuated. Overall, the current diammonium market atmosphere is getting stronger, and trading has improved compared with the previous period. It is expected that the market price of diammonium phosphate will stabilize and increase slightly in the short term.

Specific market prices in each region are as follows: