Daily review of phosphate fertilizer: Monoammonium prices continue to rise, Diammonium market is mainly stable (October 8)

Monoammonium phosphate price index:

According to Feiduo data, on October 8, the 55% powder index of China's monoammonium phosphate was 3,106.25, rising; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,416.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China has stabilized and increased slightly. On the enterprise side, after receiving some new orders before the festival, companies often suspend or control orders during the festival. Shipping pressure is reduced, quotations are stable and slightly increased, and actual transaction negotiations are the main focus. In terms of the market, companies closed orders before the market holiday, the trading atmosphere on the market improved, and the prices of some low-end sources rebounded. The atmosphere on the market rose, and the market remained mostly firm during the festival. In terms of demand, downstream purchases are maintained on demand, procurement within the festival is gentle, and adjustments are continued while maintaining stability. Downstream compound fertilizer factories continue to make up small amounts of raw materials, mainly following up smoothly. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock bottomed out and rebounded slightly. The market prices of synthetic ammonia were mixed, and raw materials were stable and fluctuated, with slight changes. On the whole, the current monoammonium market continues to have a strong atmosphere before the festival, with no change. Downstream compound fertilizer raw materials are becoming more enthusiastic. Following up on replenishment, it is expected that the market price of monoammonium phosphate will be stabilized and adjusted in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on October 8, the mainstream 64% particle index of diammonium phosphate in China was 3,808.33, down; the 60% brown index was 3,550.00, stable; and the 57% content index was 3,447.50, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China is stable today. Enterprise,Most enterprises operate normally during the festival, start operations continue to be high, quotations continue to remain firm, and there is little willingness to adjust prices。In terms of market,The market continues to be stable,Prices have not changed much, purchases have stabilized, and on-site changes have been small. On the demand side,Downstream demand follow-up is limited, and industry operators have a strong wait-and-see attitude, and follow-up is stable. They will wait until the winter reserve demand in the Northeast market starts to boost, and the current situation is mainly stable。In terms of raw materials, the market prices of raw materials sulfur and phosphate rockSmall increase, synthetic ammonia market priceNarrow adjustment，The price of raw materials fluctuated slightly。On the whole, the current diammonium market is still mainly stable, with limited market follow-up and little change in the market. It is expected that the market price of diammonium phosphate will continue to stabilize and consolidate in the short term.

Specific market prices in each region are as follows: