Daily review of phosphate fertilizer: Demand for monoammonium is slowly following up and the market for diammonium is expected to rise (August 13)

Monoammonium phosphate price index:

According to Feiduo data, on August 13, the 55% powder index of domestic monoammonium phosphate was 3,340.00, down; the 55% particle index was 3,380.00, stable; and the 58% powder index was 3,616.67, down.

Monoammonium phosphate market analysis and forecast:

Today, the domestic market price of monoammonium phosphate stabilized and fell slightly. On the corporate side, companies continue to mainly execute pending orders, and factory quotations remain firm. Currently, follow-up on new orders is limited. The focus of corporate transactions remains stable, and most new orders remain under negotiation. In terms of the market, the market trend is weak, the mentality of operators is unstable, the market is consolidating for a short period of time, and the trading atmosphere is slowly improving. On the demand side, the overall demand side performed poorly, downstream purchasing and purchasing followed up slowly, the start-up load of compound fertilizer factories increased slowly, the shipment of goods was slow, and the enthusiasm for purchasing raw materials was not high. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are mainly stable, while the market price of synthetic ammonia is declining, but the overall cost is still at a high level. Overall, the current market atmosphere for monoammonium is still dull, downstream follow-up is slow, and procurement is limited. It is expected that the market price of monoammonium phosphate will continue to be stable and stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on August 13, the 64% particle index of the mainstream domestic diammonium phosphate was 3,816.67, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,475.00, stable.

Diammonium phosphate market analysis and forecast:

Today, the domestic market price of diammonium phosphate is stable. On the enterprise side, enterprises continue to execute export orders, factory prices fluctuate steadily and within a narrow range, and there is little willingness to adjust prices. Actual transactions are still mainly negotiated. In terms of the market, market transactions are still flat. At present, 57% of the market's shipments have increased, and 64% have a small supply. The market continues to operate steadily and consolidating. On the demand side, the fertilizer preparation time in autumn continues to shorten, and the market trading atmosphere is mild. The downstream maintenance is mainly in need of follow-up, and the fertilizer preparation is limited. The demand is stable and follow-up, and the purchasing atmosphere is a little dull. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have remained stable at high levels, and the atmosphere in the synthetic ammonia market has shown signs of improvement. Short-term prices have been consolidated in a narrow range, and costs continue to be supported at high levels. On the whole, the current market demand for diammonium is expected to follow up, but the overall purchase is flat, and the company continues to execute. It is expected that the market price of diammonium phosphate will continue to be stable in a short period of time.

Specific market prices in each region are as follows: