Phosphate fertilizer daily review: The market operation is deadlocked and the market is mainly stable in the short term (June 26)

Monoammonium phosphate price index:

According to Feiduo data, on June 26, the 55% powder index of domestic monoammonium phosphate was 3,281.25, stable; the 55% particle index was 3,300.00, stable; and the 58% powder index was 3,533.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the domestic market price of monoammonium phosphate is stable. In terms of enterprises, enterprises still focus on execution. Quotations in the mainstream market are stable, and some small intervals are sorted out. Under the support of waiting, price trends have not changed significantly. They are mostly stable, and actual transactions are mostly negotiated. In terms of the market, the trading atmosphere for new orders in the market is general, and the overall trend is slightly deadlocked. The current market is stable and organized, and most operators view the market outlook with a wait-and-see attitude. On the demand side, autumn fertilizer preparation is just in a small amount of follow-up, and procurement is limited; downstream compound fertilizer factories already hold some raw materials, and the pace of follow-up has slowed down in the near future, and their mentality is temporarily stable and waiting to see. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continue to move upwards, the market prices of synthetic ammonia are stable and consolidating, and the prices of raw materials have increased more, giving strong support. On the whole, the current market cost and readiness of monoammonium continue to support, the market operation is firm, and the market price of monoammonium phosphate is expected to continue to stabilize and consolidate in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on June 26, 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. On the corporate side, companies continue to execute pending export orders. Under the support of pending export orders, current quotations continue to remain stable. Under the support of favorable exports, the corporate mentality is mainly firm. In terms of the market, international demand is improving, export transaction prices are higher, and domestic goods are exported more, which supports the domestic market mentality for the time being stable, while the wait-and-see attitude of industry operators continues. On the demand side, under the influence of the off-season domestic market demand, a small amount of replenishment is maintained; the international market demand is strong, coupled with rising international export prices, and the export atmosphere of enterprises is good, supporting domestic off-season demand. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continue to be adjusted, while the market price of synthetic ammonia is consolidating and fluctuates, supported by high cost prices. On the whole, although domestic demand in the diammonium market has followed up generally, with the support of international demand, companies 'quotations are firm, and 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: