Daily review of phosphate fertilizer: Domestic demand is stable in off-season (July 3)

Monoammonium phosphate price index:

According to Feiduo data, on July 3, the 55% powder index of domestic monoammonium phosphate was 3,291.25, stable; the 55% particle index was 3,300.00, stable; and the 58% powder index was 3,583.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the domestic market price of monoammonium phosphate is stable. On the enterprise side, the enterprise continues to mainly execute pending orders, with a large number of pending orders, and continues to maintain a limited number of orders. The factory quotations are firm and stable, and the actual transactions are mostly negotiated. In terms of the market, the market trend is stable, and new orders are trading flat. Supported by the market's readiness and high raw material prices, the mentality of operators is firm. In terms of demand, during the off-season of domestic demand, domestic demand performed generally; the autumn harvest replenishment of industrial downstream compound fertilizers was progressing slowly, the start-up load of equipment continued to decline, the factory's enthusiasm for purchasing raw material monoammonium phosphate was average, and the overall demand for new orders trading atmosphere was weak. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to rise, the synthetic ammonia market equipment fluctuated, the prices were slightly adjusted, and the prices of raw materials continued to rise. On the whole, supported by the current market cost of monoammonium and the volume of companies to be shipped, companies 'quotations are firm, and it is expected that the market price of monoammonium phosphate will continue to be stable and stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 3, 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, enterprises have received sufficient advance receipts, and most of them have been waiting until the end of this month. There is no obvious sales pressure. Under the support of waiting, the quotations have remained high and stable, and the actual transaction has been negotiated. In terms of the market, recent market arrivals have been limited, industry supply has tightened, and export prices have continued to rise firmly, which has boosted the domestic off-season market, and the market continues to operate steadily and in a stable and consolidated manner. On the demand side, during the off-season of domestic market demand, international prices continue to rise, domestic sales are sluggish, and the atmosphere for goods export is strong. In terms of raw materials, the market conditions for raw materials sulfur and phosphate rock continued to rise, the market price of synthetic ammonia fell slightly, and cost support remained strong. On the whole, the current diammonium market exports continue to improve, supporting the domestic off-season market. Company bids remain stable. 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: