Monoammonium phosphate price index:
According to Feiduo data, on November 11, the 55% powder index of China's monoammonium phosphate was 3,168.75, rising; 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 has stabilized and increased slightly. On the enterprise side, with the end of the phosphorus and compound fertilizer conference, new enterprise policies and prices have been introduced one after another, and the quotations have stabilized and are expected to rise. The current price has remained stable and the actual transaction continues to be dominated by negotiations. In terms of the market, the market trend is stable, and operators continue to wait and see, waiting for the company's pricing situation after the meeting, and are still cautious in following up. In terms of demand, downstream compound fertilizer companies continue to start at a low level, and the purchase demand for raw material monoammonium is light. As the meeting ends, companies set prices and collect payments. It is expected that downstream enthusiasm for making payments and picking up goods will increase, and market demand remains to be seen. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to rise, the market prices of synthetic ammonia were adjusted within a narrow range, costs continued to increase, and companies had strong intentions to increase prices. On the whole, the current market cost of monoammonium continues to support it. After the meeting, the industry will continue to wait and see, waiting for new prices from companies. It is expected that the market price of monoammonium phosphate will continue to operate steadily in the short term, with some intentions to explore increases.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on November 11, the mainstream 64% particle index of diammonium phosphate in China was 3,821.67, stable; the 60% brown index was 3,450.00, down; 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 has stabilized and dropped slightly. On the enterprise side, enterprises still have sufficient export orders, mainly shipped one after another. Coupled with strong cost support, the company's current factory quotations are firm and stable, the overall price adjustment intention is small, and actual orders are kept under negotiation. In terms of the market, the market continues to operate smoothly, the trading atmosphere is light, operators continue to wait and see attitude, and are cautious about following up the market outlook. On the demand side, the winter storage market is mainly advancing slowly, with a limited number of actual transactions. The overall transaction atmosphere is tepid and weak. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have been firm and upward, the follow-up of new orders in the synthetic ammonia market has slowed down, company quotations have been large and stable, and cost-end prices have continued to rise, with strong support. Overall, the current diammonium phosphate market is still mainly wait-and-see, and the market is temporarily unclear after the meeting. It is expected that the market price of diammonium phosphate will remain stable in the short term.
Specific market prices in each region are as follows:
