Phosphate Fertilizer Daily Review: Market fluctuations are relatively small, market prices are stable and consolidated (July 24)

Monoammonium phosphate price index:

According to Feiduo data, on July 24, 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 enterprise continues to mainly execute pending orders, with pending support, and the quotation continues to remain firm. Currently, the enterprise's willingness to ship has increased, the quotation has been adjusted within a narrow range, and the overall price adjustment is small. The actual transaction remains negotiated and the mentality is firm. In terms of the market, the supply of goods in the market has increased, the overall trading atmosphere has been average, follow-up of new orders has been limited, and the market has maintained a consolidation operation. On the demand side, downstream demand is average, compound fertilizer factories are not actively following up on procurement, new orders are limited, and the mentality continues to wait and see. In terms of raw materials, the prices of raw materials phosphate rock and sulfur continue to increase, the synthetic ammonia market is mixed, and the overall cost continues to support it. On the whole, the current market cost and readiness of monoammonium continue to support, and the market is consolidating. It is expected that the market price of monoammonium phosphate will remain stable and narrow in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 24, 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 continued to hold stable. On the enterprise side, enterprises are still exporting. Guided by the policy of ensuring supply and stabilizing prices, domestic sales quotations have remained stable, and actual transactions have continued to remain a single negotiation. In terms of the market, the market is operating steadily at a high level. Affected by the export of domestic goods, some supply sources in the market are currently tight, traders 'prices are firm, and their mentality is stable and wait-and-see. On the demand side, the autumn market stocking period is approaching, agricultural demand is slowly recovering, and a small amount just needs to be followed up, and the overall demand is still weak. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to rise, the market prices of synthetic ammonia were consolidated at a high level, and the overall cost was firm at a high level, and there was still support. On the whole, the current factory prices of diammonium companies are firm, the quotations are firm, and the domestic purchases are small. It is expected that the market price of diammonium phosphate will continue to remain stable in the short term.

Specific market prices in each region are as follows: