Daily review of phosphate fertilizer: The market for monoammonium is weak and difficult to change. Diammonium continues to be high and firm (September 12)

Monoammonium phosphate price index:

According to Feiduo data, on September 12, the 55% powder index of China's monoammonium phosphate was 3,187.50, down; the 55% particle index was 3,350.00, stable; and the 58% powder index was 3,550.00, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is stable and declining. In terms of enterprises, the current low-end quotations of enterprises are declining, and some inquiries are also being made. Manufacturers 'sales are under pressure, and actual transactions are mainly negotiated. In terms of the market, the market has weakened, the sentiment in the market has remained weak, the trading atmosphere of new orders has been weak, the market sentiment has continued to be frustrated, and the market is weak and difficult to change. At present, the low-end market has not seen a further decline. On the demand side, downstream compound fertilizer companies mainly carry goods, with low equipment start-up loads, lack of active procurement of raw materials, and a strong willingness to lower procurement prices. Follow-up of new orders is limited. On the demand side, replenishment orders are weak, and the short-term market is difficult to change. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have been reduced within a narrow range, the market prices of synthetic ammonia have been lowered at high levels, and the prices of raw materials have fluctuated at high levels. On the whole, the current market demand for monoammonium is weak, and most transactions are at the low-end. It is expected that the market price of monoammonium phosphate will continue to be stable, weak and downward in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on September 12, the 64% particle index of China's mainstream diammonium phosphate was 3,816.67, stable; the 60% brown index was 3,550.00, stable; and the 57% content index was 3,455.00, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China is stable today. In terms of enterprises, prices are currently stable and consolidating. Enterprises are waiting for shipment until mid-to-late October. There is no shipping pressure and they mainly carry out advance orders. In terms of the market, the market is operating steadily for the time being. The price of diammonium with a content of 57% has risen within a narrow range, and the supply of 64% has been tight. Recently, market arrivals have slowed down slightly. Traders have a firm attitude towards prices, and shipment prices have risen within a narrow range. The Chinese market is stabilizing. On the demand side, downstream procurement is more cautious, the demand side performance is weak, the trading atmosphere is stable, and the weak consolidation operation continues in the short term. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are mainly weak, while the market prices of synthetic ammonia are being consolidated downward. The prices of upstream raw materials are stable and falling, and cost support is slightly reduced. On the whole, the current autumn market cost of diammonium and its waiting support, and the company's factory quotations are temporarily stable. In addition, downstream autumn fertilizer is still needed. It is expected that the diammonium phosphate market will continue to consolidate in a short period of time.

Specific market prices in each region are as follows: