Daily review of phosphate fertilizer: Ammonium monophosphate companies are more willing to ship, and the supply-demand relationship in the diammonium market is tight (August 14)

Monoammonium phosphate price index:

According to Feiduo data, on August 14, the 55% powder index of domestic monoammonium phosphate was 3,340.00, stable; the 55% particle index was 3,380.00, stable; and the 58% powder index was 3,616.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the domestic market price of monoammonium phosphate is stable. On the enterprise side, follow-up on new orders is limited, and the shipping pressure of enterprises is gradually increasing. The current willingness to ship is increasing, and the market price is chaotic. Some of them are supported by pending orders, the quotation has not changed significantly, and the actual transaction continues to be negotiated. In terms of the market, there are limited new orders in the market, the overall trading atmosphere remains flat, traders 'mentality is unstable, and the market continues to be weak. In terms of demand, downstream compound fertilizer companies are starting to demand. The shipment of fertilizers in autumn is average, and the industry's start-up load has increased slowly. In addition, some raw materials have been held in stock in the early stage, so the overall enthusiasm for making up orders is not high and they are not in a hurry to pick up goods. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are stable and consolidated, the market price of synthetic ammonia is regional, maintaining interval consolidation, and the cost is still at a high level. On the whole, the current follow-up of new orders in the monoammonium market is limited. Some companies are waiting to reduce prices and accept orders, and downstream companies are following up on a small basis. It is expected that the market price of monoammonium phosphate will be stable and slightly downward in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on August 14, 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 continued to hold stable. In terms of enterprises, enterprises continue to execute orders to be issued at home and abroad, mainly releasing goods on demand in domestic sales. Transaction prices fluctuate steadily and within a narrow range, and actual transactions are mostly negotiated. In terms of the market, the supply of goods in the market is tight, with 64% of goods in small quantities, and 57% of goods arriving one after another. The bids from the holders are high. The current market trading atmosphere is temporarily stable, and there is little change under the support of ensuring supply and stable prices. In terms of demand, there is a large amount of demand just in autumn, and there is insufficient fertilizer preparation just needed downstream. Maintain a small amount of follow-up and replenishment on an on-demand basis, and mainly purchase just in need. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have been stabilized and consolidated, while the market prices of synthetic ammonia have been consolidated within a narrow range. The cost side remains volatile and high prices support. On the whole, the current supply and demand in the diammonium market are relatively balanced, supported by high costs and strong international prices. It is expected that the market price of diammonium phosphate will remain high in the short term.

Specific market prices in each region are as follows: