Phosphate fertilizer daily review: The transaction atmosphere for new ammonium orders is sluggish, and the market atmosphere for diammonium continues to improve (August 15)

Monoammonium phosphate price index:

According to Feiduo data, on August 15, 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 continues to remain stable. On the enterprise side, the enterprise is mainly in the process of execution, there is no significant change in the quotation, some of the intention to ship is obvious, and the transaction remains realistic. In terms of the market, the market trend is still weak, the market continues to operate in a weak position, the trading atmosphere is weak, the follow-up of new orders is limited, and the mentality of operators is unstable. On the demand side, downstream compound fertilizer factories are slow to deliver goods, demand is stagnant, follow-up on replenishment is limited, and there is no rush to replenish raw materials. There is limited follow-up on new orders, and many transactions are maintained. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have been wait-and-see, the market price of synthetic ammonia has been steadily adjusted, and the cost side is still high. On the whole, the current trading atmosphere in the monoammonium market is weak, the price upward momentum is insufficient, and the market is weak. It is expected that the market price of monoammonium phosphate will stabilize and drop significantly 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 15, 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. On the enterprise side, companies have abundant orders to wait for, and most of them are in the middle and late September. They are shipping one after another. They are optimistic about prices, maintain a high level of start-up, and increase volume on demand. In terms of the market, supply and demand of the market supply is tight, with 64% of the supply being small. The operators have a stable attitude and wait and see, and the market is mainly consolidating, and the market has not changed much. On the demand side, the downstream market is short of fertilizer preparation just needed in autumn, but the overall purchasing enthusiasm is average, and the emotional wait-and-see atmosphere is strong. The main need to follow up is to be followed up, and the mentality of getting goods is cautious. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock remained stable, while the synthetic ammonia market was mixed. Ammonia plants often adjusted their quotations based on their own shipments and inventory conditions, and the cost was adjusted at a high level. On the whole, there is room for improvement in the current market demand for diammonium, but the current follow-up is limited. With the support of companies, the market is operating firmly. It is expected that the market price of diammonium phosphate will continue to be high in the short term.

Specific market prices in each region are as follows: