Phosphate Fertilizer Daily Review: Companies 'quotations in pending and cost-supported markets are firm and stable (July 22)

Monoammonium phosphate price index:

According to Feiduo data, on July 22, 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, the trading performance of new orders is still average. Most of them will be ready until the end of this month, and some will continue to maintain a limited number of orders until the middle of next month. There has been no significant change in the quotation. Some major manufacturers only accept a small number of orders for downstream core customers., the overall volume is limited, and the mentality is optimistic. In terms of the market, the market continues to operate steadily and its trend is temporarily stable. Under the tight supply of raw materials, the market speculation atmosphere is still strong. In terms of demand, downstream demand is weak, new orders are traded at average levels, compound fertilizer factories are starting at a low level, autumn fertilizer preparation is slowly advancing, the ability to chase higher raw material procurement is limited, high prices are generally followed, and demand support is weak. In terms of raw materials, the supply of raw material phosphate rock is tight, the sulfur market continues to rise, the market price of synthetic ammonia is mainly stable, and the overall cost side is supported by high prices. Overall, the current monoammonium market is ready and raw material prices continue to support. It is expected that the market price of monoammonium phosphate will remain high and firm in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 22, 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 remains stable. In terms of enterprises, enterprises continue to process export orders and mainly sell small quantities in China. Affected by the export of goods, the supply of some domestic sources is tight. Enterprises 'quotations are firm and are reluctant to sell, and actual transactions are mostly negotiated. In terms of the market, the domestic market is not large, and the international market continues to support the diammonium market. The current supply of 64% of the granules is tight, the market transaction price remains high and firm, and the market remains high. On the demand side, in the early stage of the launch of domestic agricultural demand for autumn fertilizers, a small amount of purchases was followed up and picked on demand, making the overall domestic demand weak. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to rise at high levels, the market price of synthetic ammonia remained stable at high levels, and the overall raw material price was high and showed strong support. On the whole, the current favorable exports and high cost prices in the diammonium market continue to support the off-season domestic demand market. Company quotations are firm and stable. It is expected that the market price of diammonium phosphate will continue to be stable and stable in the short term.

Specific market prices in each region are as follows: