Monoammonium phosphate price index:
According to Feiduo data, on November 14, the 55% powder index of China's monoammonium phosphate was 3,168.75, 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 firm and stable. On the enterprise side, most production companies are reluctant to sell, and some have suspended quotations. Currently, the number of companies that have suspended receiving orders continues to increase. The market has a tight supply of goods, and actual transactions remain under negotiation. In terms of the market, the trading atmosphere in the market has improved, the focus of transactions has shifted, low-end sources of goods on the market are difficult to find, and transaction prices continue to rise. On the demand side, transactions on the demand side have improved, and replenishment continues to be followed up. The current on-site prices are on the high side, and the downstream is cautious in chasing high prices. They maintain a small amount of purchases that are just needed. Some traders are tentatively raising their prices. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock fluctuated and consolidated, the synthetic ammonia market weakened, local prices fell, and the cost side prices fell at high levels. Short-term costs continued to support, pushing up quotations. On the whole, the current monoammonium market is ready and cost support, and the market is good. It is expected that the market price of monoammonium phosphate will continue to remain stable and rising in the short term.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on November 14, the 64% particle index of the mainstream diammonium phosphate in China was 3,821.67, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,420.00, stable.
Diammonium phosphate market analysis and forecast:
The market price of diammonium phosphate in China is stable today. On the enterprise side, the enterprise continues to carry out the process, and some of the goods are shipped to the Northeast market one after another. There has been no significant change in the ex-factory quotation, and the actual transaction continues to be dominated by negotiations. In terms of the market, the market is stable and adjusted within a narrow range. Operators still hold a wait-and-see attitude towards the future outlook, and new orders remain low and volatile. In terms of demand, the demand for winter storage in the Northeast market has started one after another, and later storage has followed up with expectations. Currently, downstream procurement enthusiasm is low and remains low to follow up on replenishment. In terms of raw materials, the market price range of raw materials sulfur and phosphate rock fluctuated, the market price of synthetic ammonia was consolidated and operated, and cost support remained strong. On the whole, the current diammonium market cost support and the market demand still exists in the later period, and the market is operating firmly and steadily. It is expected that the market price of diammonium phosphate will continue to be stable in the short term with limited fluctuations.
Specific market prices in each region are as follows:
