Phosphate fertilizer daily review: The monoammonium market is weak and declining. Diammonium export news is being digested (August 19)

Monoammonium phosphate price index:

According to Feiduo data, on August 19, the 55% powder index of domestic monoammonium phosphate was 3,325.00, down; 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 has been consolidated downward. On the enterprise side, with the support of enterprises waiting to be launched, the quotations have temporarily stabilized. Some traders have shifted their focus and reduced prices for shipments, causing price differences among manufacturers. Some companies intend to slightly lower their quotations and move more by observing the market. In terms of the market, the market trend is weak, the follow-up of new market orders is limited, and operators are temporarily maintaining a stalemate and wait-and-see posture. In the short term, the market is mostly weak and consolidated, and there are no positive factors. On the demand side, the demand side performance is weak, the overall downstream procurement is weak, the follow-up situation is average, the follow-up of new orders is limited, and the demand side is weak and unchanged. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are consolidating, the market price of synthetic ammonia is weak and declining, and the cost area is narrowed, and support still exists. On the whole, the current trading atmosphere in the monoammonium market is sluggish, manufacturers 'quotations have formed a price difference, and the market prices are chaotic. There is no support for the good. It is expected that the market price of monoammonium phosphate will continue to stabilize and drop significantly in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on August 19, the 64% particle index of the mainstream domestic diammonium phosphate was 3,816.67, stable; the 60% brown index was 3,500.00, 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. In terms of enterprises, enterprises are in the process of processing and are releasing small quantities on demand. The current industry operating rate has declined year-on-year, and the overall market supply has decreased. In terms of the market, the market is operating steadily and consolidating. News of export changes has led to a stronger wait-and-see attitude among industry operators. The delivery of new orders in the market is not good. The current export news is being digested, and the short-term market continues to be dominated by price support. On the demand side, there is still a gap in the autumn market just needed, the overall arrival volume is not much, downstream stocking is not active, the overall fertilizer preparation is limited, the pace of goods delivery continues to be postponed, the mentality is more wait-and-see, and the overall trading atmosphere is general. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock remained stable at high levels, the market price of synthetic ammonia was under pressure and fell, and the cost level was high and stable, continuing to support the diammonium market. On the whole, the current diammonium market is still in need, and corporate quotations are firm at a high level. Under the influence of the news, the market is mainly stable in the short term. It is expected that the market price of diammonium phosphate will continue to remain high and stable in the short term.

Specific market prices in each region are as follows: