Daily review of phosphate fertilizer: The transaction atmosphere for monoammonium is still active, and the shipment of diammonium has improved slightly (October 10)

Monoammonium phosphate price index:

According to Feiduo data, on October 10, the 55% powder index of China's monoammonium phosphate was 3,128.75, stable; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,450.00, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is stable and consolidated. In terms of enterprises, enterprises continue to follow up on new orders, the number of orders received has gradually increased, and enterprises 'inventories have dropped significantly. Some enterprises with sufficient orders have suspended receiving orders, and some have stopped selling. Most actual market transactions have been negotiated. In terms of the market, the market atmosphere is relatively good, the trading sentiment of the industry is high, the current mentality is optimistic, transactions on the market are active, and the market is consolidating and running strongly. On the demand side, downstream compound fertilizer raw materials continue to replenish and follow up, and the demand side continues to improve; in addition, winter storage in the Northeast market has the intention to follow up, inquiries are active, and the overall demand is oriented to be sorted out. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are firm at high levels, the synthetic ammonia market has adjusted within a narrow range, and prices are stable and rising. The raw materials have increased significantly, and high costs have supported them. On the whole, the current monoammonium market is ready and demand is still good. Coupled with cost support, the market price of monoammonium phosphate is expected to be firm and consolidated at a high level in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on October 10, the 64% particle index of the mainstream diammonium phosphate in China was 3808.33, stable; the 60% brown index was 3550.00, stable; and the 57% content index was 3427.50, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China continues to remain stable today. On the enterprise side, the enterprise still has sufficient orders. Under the support of the enterprise, the quotation is stable and organized, and the willingness to adjust prices is small. Currently, the equipment is in normal operation, and the main focus is on continuing to ship goods. In terms of the market, the market situation has improved slightly, and the market is operating weak and stable. Most operators maintain a cautious wait-and-see attitude, and the market trend is stable and exploring. On the demand side, as the fertilizer use time for winter wheat in some areas approaches, the replenishment of downstream autumn fertilizer just needs to accelerate, the market cargo atmosphere has improved, and the supply of goods in some areas is tight. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have been firm and upward at high levels. The market price of synthetic ammonia has been increased within a narrow range. Costs have fluctuated within a narrow range. The price of raw materials has been mainly consolidated upwards. On the whole, the current diammonium market transactions have improved slightly. Coupled with companies 'readiness and cost support, it is expected that the market price of diammonium phosphate will be firm and stable in the short term, with little change.

Specific market prices in each region are as follows: