Daily review of phosphate fertilizer: Market prices are stable and the market fluctuates slightly (July 11)

Monoammonium phosphate price index:

According to Feiduo data, on July 11, the 55% powder index of domestic monoammonium phosphate was 3,336.25, stable; the 55% particle index was 3,350.00, stable; and the 58% powder index was 3,633.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the domestic market price of monoammonium phosphate continues to remain stable. On the corporate side, companies continue to execute pending orders and suspend receiving orders. Some orders received are only limited to core customers. Prices remain firm and their mentality remains stable. In terms of the market, the monoammonium market is stable at a high level, the supply of goods lacks flow, and the market center of gravity is gradually pushing up. However, transactions of high-end goods are rare. In the short term, manufacturers have a strong mentality and wait and see for the time being. On the demand side, downstream compound fertilizers are purchased in small quantities and are cautious. New orders are sold in the off-season of demand, the purchasing follow-up atmosphere is general, and overall demand follow-up transactions are limited at high prices. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have remained stable at high levels, the market price of synthetic ammonia has continued to be weak and lowered, and the cost has been consolidated at a high level. Overall, the current monoammonium phosphate market has a small transaction volume of new orders and a high price. With the continued support of costs and pending orders, the price has remained stable at a high level. It is expected that the market price of monoammonium phosphate will continue to be stable in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 11, the 64% particle index of the mainstream domestic diammonium phosphate was 3,808.33, rising; 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 stabilize and increase slightly. In terms of enterprises, the focus of corporate transactions is still mostly on the export market. With sufficient support from the launch, the quotations of most factories have temporarily remained stable, and the ex-factory prices have not changed compared with the previous period. In terms of the market, there is a small amount of market arrival, and 60% of the brown market has limited arrival. Traders 'bids are firm, and the domestic market is temporarily stable and wait-and-see; the international Bangladeshi bidding price has been determined, and international prices have an upward trend. In the short term, the market is temporarily stable and wait-and-see, and the overall situation is stable and running well. On the demand side, it is currently in the off-season for domestic sales, the time for fertilizer use in autumn is still early, downstream procurement enthusiasm is average, and the domestic market has limited follow-up. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are consolidating at high levels, the focus of transactions in the synthetic ammonia market is downward, with prices falling mainly, and overall raw material prices are consolidating. On the whole, the current positive export situation in the diammonium market continues to support, and corporate quotations remain stable at high levels. 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: