Phosphate fertilizer daily review: Monoammonium is ready to continue to support diammonium companies to ensure supply and stabilize prices (July 25)

Monoammonium phosphate price index:

According to Feiduo data, on July 25, 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. In terms of enterprises, companies have a large number of pending orders, and have a general follow-up of new orders. They mainly execute pending orders. The quotations are firm and stable at a high level, and are shipping one after another. In terms of the market, the overall market trend is consolidating, and prices are adjusting within a narrow range. The current market supply volume is increasing. In the short term, manufacturers 'quotations are consolidating and stable, their mentality is firm, and the market has changed little. On the demand side, downstream autumn fertilizer demand has started slowly, and compound fertilizer factories are not enthusiastic about purchasing raw materials. They maintain a small amount of on-demand procurement, and overall follow-up is limited. In terms of raw materials, the prices of raw materials phosphate rock and sulfur have increased significantly. The synthetic ammonia market is mixed, with prices rising slightly, and cost prices continue to rise, with strong support. On the whole, the current market cost and readiness of monoammonium continue to support, downstream demand starts slowly, and purchases are followed up in a small amount of time on demand. It is expected that the market price of monoammonium phosphate will remain consolidated and narrow 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 25, 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. On the enterprise side, the enterprise will continue to support its exports and continue to implement the implementation of ensuring supply and stabilizing prices. There has been no significant adjustment in the quotation. Shipping is stabilizing prices, and the actual transaction order is under negotiation. In terms of the market, the diammonium market is operating steadily and weakly, with average actual orders. The current supply of goods is tight, domestic prices are stable, and the market is slowly shipping. On the demand side, the demand time is approaching, and the downstream searching atmosphere is okay, but the overall purchasing enthusiasm is not good. The fertilizer consumption period is not yet reached, and the downstream mentality is cautious and waiting, and follow-up is slow. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock rose at high levels, the market price of synthetic ammonia continued to rise slightly, and the overall cost support was firm and upward. On the whole, the current market cost of diammonium is high, and domestic follow-up demand has not been released yet. It is expected that the market price of diammonium phosphate will continue to operate steadily and consolidating in the short term.

Specific market prices in each region are as follows: