Daily review of phosphate fertilizer: Monoammonium is weak and difficult to change. Diammonium market is consolidating at a high level (September 9)

Monoammonium phosphate price index:

According to Feiduo data, on September 9, the 55% powder index of China's monoammonium phosphate was 3,200.00, down; the 55% particle index was 3,350.00, stable; and the 58% powder index was 3,550.00, down.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is weak and downward. On the enterprise side, production companies have poor shipments and a shortage of new orders. Production and sales are gradually under pressure. The current equipment start-up load continues to decline, low-end market quotations continue to appear, and the focus of transactions declines. In terms of the market, the market remained weak, with new orders trading on the weak side, the market atmosphere was sluggish, and the market was weak. On the demand side, the autumn fertilizer shipment time continues to be delayed, and the willingness of operators to make up orders is delayed. The market has gradually improved since this month. Currently, the shipment of compound fertilizers is slowly advancing, the procurement of raw materials is still sluggish, the bearish sentiment of operators has intensified, and downstream demand follow-up fell short of expectations. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are weak and downward, the synthetic ammonia market is pushing up significantly, and raw material prices are fluctuating. On the whole, the current fatigue in the monoammonium market is difficult to change, the trading atmosphere for new orders is still weak, and the transaction continues to be negotiated. It is expected that the market price of monoammonium phosphate will continue to be weak in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on September 9, the 64% particle index of China's mainstream diammonium phosphate was 3,816.67, stable; the 60% brown index was 3,550.00, stable; and the 57% content index was 3,452.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable and consolidated. In terms of enterprises, enterprises have sufficient orders and are mainly actively fulfilling early orders. The overall industry continues to start at a high level and remains stable, and new orders are closed at a single negotiation. In terms of the market, the market has entered a critical period. Goods supply has been concentrated at the station. Market transactions have flexibly adjusted shipments, and the market is gradually improving. In terms of demand, the downstream purchasing atmosphere in the autumn market is poor, and demand performance continues to be tepid. The downstream fertilizer preparation volume is as high as 40%. The current mainstream autumn market is mainly in need of goods. In terms of raw materials, the market for raw materials sulfur and phosphate rock is firm, the market price of synthetic ammonia is rising, and cost support is enhanced. On the whole, the diammonium phosphate market is currently ready in the autumn and cost-supported prices are high, and company quotations are firm. It is expected that the diammonium phosphate market will continue to be consolidated at a high level in the short term.

Specific market prices in each region are as follows: