Daily review of phosphate fertilizer: Demand is temporarily in a gap period, and business sentiment is relatively stable (October 23)

Monoammonium phosphate price index:

According to Feiduo data, on October 23, the 55% powder index of China's monoammonium phosphate was 3,166.25, 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:

The market price of monoammonium phosphate in China is stable today. On the enterprise side, factory execution is mainly in progress, mainstream market quotations have stabilized, individual manufacturers 'quotations have dropped slightly, and actual transactions have continued to remain a single negotiation. In terms of the market, the autumn market has basically ended, the purchasing atmosphere is weak, the follow-up of new orders is limited, the overall market has dropped slightly, and the atmosphere trend is flat. On the demand side, downstream order inquiries and the demand atmosphere have weakened, and a small amount of demand follow-up is limited. Although the Northeast market has just been expected to store winter reserves, it currently maintains a small amount of order inquiries, and there is less follow-up of actual orders. Most of them maintain on-demand and purchase. Be cautious. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to maintain a small stable and rising trend. The synthetic ammonia market was regionalized, and prices were mixed, and raw materials continued to rise and support. On the whole, the current market demand for monoammonium is stable and a small amount is following up, and the market is stable and narrow. It is expected that the market price of monoammonium phosphate will continue to consolidate in a short period of time, with a small price adjustment.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on October 23, 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 3420.00, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China is stable today. On the enterprise side, most enterprises 'equipment is operating normally and continue to implement the policy of ensuring supply and stabilizing prices. Ex-factory quotations remain stable, and actual orders remain mainly negotiated. In terms of the market, the market is stable and moving slightly, and the atmosphere for new orders is not good. Some traders ship at low prices, and prices have been reduced within a narrow range. Currently, 57% of the goods supply in the market is loose, 64% of the goods supply is tight, and market prices remain in range. On the demand side, fertilizer purchase in the autumn market is basically over, the winter storage policy is still unclear, downstream follow-up is weak, and a small amount of procurement is maintained, the mentality is cautious and wait-and-see, and the pace of procurement will be mainly stable in the short term. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are steadily rising, the regional adjustment of the synthetic ammonia market is obvious, the prices are stable and consolidated, and the cost-end prices are rising, with strong support. On the whole, the current diammonium market has little change and the market is stable. It is expected that the market price of diammonium phosphate will continue to be stable and moderate in a short period of time.

Specific market prices in each region are as follows: