Daily review of phosphate fertilizer: Ammonium monophosphate companies are having difficulty acquiring orders and ammonium monophosphate companies are shipping steadily (September 14)

Monoammonium phosphate price index:

According to Feiduo data, on September 14, the 55% powder index of China's monoammonium phosphate was 3,187.50, stable; 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 consolidating and stable. On the enterprise side, companies receive limited orders and lack new orders. Production and sales continue to be under pressure. The current quotations for new orders are uneven, and actual transactions remain dominated by a single negotiation. In terms of the market, the overall trend of the monoammonium market is still weak and the market is weak. Traders have a strong willingness to ship and continue to cut prices to collect orders. Market prices continue to be chaotic, and emotions are under pressure. On the demand side, downstream demand is poor and follow-up is insufficient. The autumn fertilizer preparation time has been shortened one after another, and there are signs of gradual improvement in the market outlook. However, the current capacity utilization rate of the compound fertilizer industry continues to show a downward trend, and the enthusiasm for making up raw materials is low. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock increased steadily to a small margin, the market price of synthetic ammonia adjusted within a narrow range, and raw materials maintained stable consolidation operation. On the whole, the current market demand for monoammonium is weak, and the market is weak and difficult to change. It is expected that the market price of monoammonium phosphate will continue to be weak in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on September 14, 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:

Today, the market price of diammonium phosphate in China is stable and consolidating. On the enterprise side, the enterprise continues to focus on stable shipments with sufficient dispatch, and some of them can be implemented until mid-October. The factory quotation continues to be stable, there is no inventory and sales pressure, and the mentality is firm. In terms of the market, goods in the terminal market have improved, and the market has temporarily stabilized. The agricultural market purchases on demand, and the trend is stable. Currently, the supply of goods in the market continues to sink, and the overall trading atmosphere is relatively stable. On the demand side, the downstream sector just needs to follow up in autumn, and the current fertilizer preparation time has been shortened. The downstream sector has average enthusiasm for purchasing and has a wait-and-see attitude. The industrial demand trading atmosphere is also dull. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are mainly volatile, while the market price of synthetic ammonia is adjusted within a narrow range, and the price adjustment on the cost side is relatively small. On the whole, companies in the diammonium phosphate market are currently waiting for support, and downstream companies are just in need of replenishment. The market is operating smoothly. It is expected that the diammonium phosphate market will continue to operate stably in a short period of time.

Specific market prices in each region are as follows: