Monoammonium phosphate price index:
According to Feiduo data, on November 5, the 55% powder index of China's monoammonium phosphate was 3,162.50, 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 continues to be stable. On the corporate side, corporate quotations continue to remain stable, factory prices remain unchanged, mentality continues to be firm, and actual transactions remain realistic. In terms of the market, the market continues to consolidate and maintain stability. The follow-up of new orders is still small and limited. The industry has a strong wait-and-see atmosphere. The current market focus is shifting to this week's association meeting, which is about to be held soon. We will wait for the content of this meeting to guide the market. In terms of demand, the overall demand performance is weak, the operating load of downstream compound fertilizer factories is low, and there is no rush to purchase raw materials, and the overall follow-up atmosphere is sluggish. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to rise in a narrow range. The market price of synthetic ammonia has been stable and upward in recent days. The market has been up and down, and raw material prices continue to support. On the whole, the current market cost and readiness of monoammonium continue to support, the market is stable and consolidated, and the market price of monoammonium phosphate is expected to continue to consolidate in the short term.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on November 5, the 64% particle index of the mainstream diammonium phosphate in China was 3,821.67, stable; the 60% brown index was 3,500.00, stable; and the 57% content index was 3,420.00, stable.
Diammonium phosphate market analysis and forecast:
Today, the market price of diammonium phosphate in China is stable and on the sidelines. On the enterprise side, the company's quotation is firm and stable with no significant changes. The actual transaction is negotiated and the mentality is stable and wait-and-see. In terms of the market, the market continues to stabilize and consolidate. The industry has a strong wait-and-see atmosphere and a cautious mentality. The current focus on the field is mostly on this week's industry meetings, waiting for this meeting to give a new direction. On the demand side, downstream demand is weak, and follow-up performance is average. Operators maintain a cautious wait-and-see attitude towards the future outlook, and follow up on a small amount of purchases on demand. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continue to rise. Many places in the synthetic ammonia market are more favorable. Prices are rising steadily, while cost-end prices are rising, and support is still strong. Overall, the current market for diammonium is weak and stable, and demand is not followed up smoothly. The industry pays most of its attention to this meeting. The market changes before the meeting are limited. It is expected that the market price of diammonium phosphate will continue to hold stable in a short period of time.
Specific market prices in each region are as follows:
