Phosphate Fertilizer Daily Review: Costs and pending sales continue to support high market prices and remain stable (July 18)

Monoammonium phosphate price index:

According to Feiduo data, on July 18, the 55% powder index of domestic monoammonium phosphate was 3,351.25, 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, most companies hold nearly a month's worth of pending orders, which is a large amount of pending orders. Currently, the quotations remain firm and stable during successive shipments and shipments, and continue to receive orders in limited quantities. In terms of the market, the market trend continues to be high and firm, and prices continue to hold stable. New orders in the market are generally traded, with low prices and small quantities of goods being sold. The speculation atmosphere of operators is strong and their mentality continues to wait and see. In terms of demand, downstream demand is average, and follow-up is limited. Use and purchase on demand are maintained, and there is no support on the demand side. In terms of raw materials, the supply of raw material phosphate rock is tight, and prices are expected to rise. Sulfur continues to be consolidated at a high level. The market price of synthetic ammonia has not changed much, and the overall cost price continues to increase steadily. On the whole, the current high market cost of monoammonium continues to support high prices. Companies 'quotations are firm. It is expected that the market price of monoammonium phosphate will continue to remain high in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 18, the 64% particle index of the mainstream domestic diammonium phosphate was 3,808.33, stable; the 60% brown index was 3,480.00, 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, enterprises have better export orders and have obvious reluctance to sell. Currently, the main price is fixed. Under the influence of ensuring supply and stabilizing prices, the quotation remains stable, and the actual transactions are mostly negotiated. In terms of the market, affected by the shipment of export orders, 64% of the market have tight supply and 57% have sufficient supply. Under the tight supply situation, market prices have an upward trend and are currently continuing to stabilize. On the demand side, downstream companies just needed a small number of inquiries, but domestic sales remained flat. The international market continued to improve, and prices were high, driving strong domestic quotations. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock were high and high, while the synthetic ammonia market was mixed. The price range was adjusted, and the cost price was high. On the whole, the current market exports of diammonium continue to support, some supplies are tight, and traders 'quotations are firm. It is expected that the market price of diammonium phosphate will continue to be stable in the short term.

Specific market prices in each region are as follows: