Phosphate fertilizer daily review: Market prices are stable in the off-season of domestic sales (July 15)

Monoammonium phosphate price index:

According to Feiduo data, on July 15, 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 enterprise side, companies have a large number of orders to be issued and continue to maintain a limited number of orders, some of which are targeted at receiving a small number of orders to major core customers, with a firm mentality and a firm price. In terms of the market, the current enthusiasm of industry companies for purchasing is average, and the follow-up of actual orders is limited. However, under the expectation that fertilizer purchases will be ready and autumn fertilizer purchases will be just needed, the mentality of industry companies is firm, and the mentality of traders is reluctant to sell. The overall monoammonium market remains high. On the demand side, the start-up of downstream compound fertilizer factories continues to be low. Most purchases are followed up based on demand, and a small number of new orders are followed up. The demand side is weak and stable. In terms of raw materials, the high market prices of raw materials sulfur and phosphate rock have moved downward, trading in the synthetic ammonia market has improved, prices have remained stable and consolidated, and the overall cost level has been slightly consolidated. On the whole, the current market cost and readiness of monoammonium continue to support, and the market will continue to be high and firm in the short term. It is expected that the market price of monoammonium phosphate will continue to remain stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 15, the 64% particle index of the mainstream domestic diammonium phosphate was 3,808.33, 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 is stable. On the enterprise side, under the influence of the off-season of domestic sales, enterprises mainly execute export orders, with large orders to be sent, and quotations continue to be firm. In terms of the market, the domestic market continues to operate in a weak and stable manner. The international market is in need. During the off-season of domestic sales, goods exports dominate. Currently, 64% of the market have a small amount of goods. Traders are reluctant to sell and hold prices. The market waits and waits, and the market remains stable. On the demand side, the domestic market maintains a small amount of on-demand procurement, there is still a strong demand for diammonium in the international market, and international support on the demand side still exists. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have been consolidated and operated, the market price of synthetic ammonia fluctuated slightly at a high level, and the overall raw material price support has not changed much. On the whole, the current international market for diammonium is still in need and continues to support the domestic off-season market. It is expected that the market price of diammonium phosphate will continue to stabilize and consolidate in a short period of time.

Specific market prices in each region are as follows: