Phosphate fertilizer daily review: International prices are rising, and companies are executing more export orders and shipping (June 25)

Monoammonium phosphate price index:

According to Feiduo data, on June 25, the 55% powder index of domestic monoammonium phosphate was 3,281.25, rising; the 55% particle index was 3,300.00, rising; and the 58% powder index was 3,533.33, rising.

Monoammonium phosphate market analysis and forecast:

Today, the domestic market price of monoammonium phosphate has been adjusted upwards. In terms of enterprises, companies have a large number of orders, most of which can be implemented until mid-July, and a few can be implemented until the end of July. With the support of the preparations, companies have firm quotations and are currently maintaining a limited number of orders. In terms of the market, the capacity utilization rate of the monoammonium industry has increased, and there has been no significant change in the market. The bullish sentiment of the industry continues and the mentality is firm, and the market continues to operate steadily. In terms of demand, there are still just fertilizer needs in autumn, and a small amount of replenishment orders are maintained; downstream compound fertilizer factories hold some raw materials, and the replenishment action has slowed down slightly, but purchasing intentions still exist, and market demand is followed up appropriately. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have risen at high levels, the price range of synthetic ammonia has fluctuated and consolidated, and the price of raw materials has stabilized and consolidated. On the whole, the current monoammonium market still has a small amount of demand and is operating firmly. It is expected that the market price of monoammonium phosphate will consolidate in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on June 25, the 64% particle index of the mainstream domestic diammonium phosphate was 3,773.33, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,460.00, stable.

Diammonium phosphate market analysis and forecast:

Today, the domestic market price of diammonium phosphate continued to hold stable. In terms of enterprises, current business owners are executing export orders, and some sources of goods are tight. Domestic sales quotations are temporarily stable and consolidated, and export quotations are still operating firmly. In terms of the market, the market trading atmosphere is weak and stable, domestic demand is average, and the international shipping atmosphere is good, which simultaneously drives the domestic market. On the demand side, the autumn wheat fertilizer preparation time is still early, domestic demand has entered the off-season, downstream replenishment intention is weak, and more purchases are needed in small quantities. On the contrary, international demand continues to improve, and domestic goods are mainly exported. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have been consolidated at high levels, the market price of synthetic ammonia has stabilized and dropped slightly, and the cost price has been consolidated at a high level. Overall, the current international demand in the diammonium market is relatively good, supporting the domestic off-season market. It is expected that the market price of diammonium phosphate will continue to stabilize and consolidate in the short term.

Specific market prices in each region are as follows: