- The urea market has experienced a price surge this week, influenced by active downstream procurement and an overall positive trading atmosphere. Reduction in Egypt's natural gas supply caused a rise in international prices, affecting domestic figures. Industrial and agricultural demand has shown variable trends, with a slight increase in production and a focus on maintaining stock levels. The urea industry's operational rate improved slightly, remaining above last year's. Regional prices have seen an uptick across China. While the compound fertilizer industry witnesses a minor decrease in operation rates, the winter storage phase is impacting inventory and pricing strategies. In the melamine industry, a stable yet weak performance continues, with expectations of steady prices ahead. International prices reflect a slight adjustment. The supply is forecasted to decrease due to production issues and natural gas limitations, while inventory levels are expected to stay low and demand to show a modest uptick in the coming week.
- The phosphate fertilizer market is characterized by a continued tight supply, with both monoammonium phosphate (MAP) and diammonium phosphate (DAP) prices maintaining stability amidst adjustments. The MAP market is witnessing a consolidation at high price levels due to factories suspending orders and a strong sentiment for price increases, supported by low production rates and tight market supply. Demand is driven by winter storage needs, with a clear outlook for future market conditions. The DAP market is also stable, with factories focusing on fulfilling export orders and a high-cost environment due to raw material prices. The immediate needs of the domestic market are progressing slowly, with a cautious approach from traders. The high raw material costs are contributing to the firmness of prices, indicating that the DAP market will continue to operate at high levels in the short term.
- The urea market is experiencing a continued rise in prices, with a noticeable resistance sentiment among traders. The domestic urea price index shows a slight increase, while the futures market indicates a stable yet fluctuating trend. The spot market analysis reveals a cautious approach from downstream buyers after a period of price hikes, with factories now focusing on holding prices. Supply constraints due to production restrictions and maintenance, coupled with low enterprise inventory, have led to a tight spot supply. Despite the agricultural off-season, there is still some demand for off-season storage, but high prices have limited market purchases. Industrial demand is steady, with signs of increased activity in the Northeast. The market is expected to see short-term fluctuations and consolidation in urea prices due to the interplay of declining supply and increasing demand, along with the support of manufacturers' pending shipments.
- The report provides an in-depth review of the urea market in China as of November 1st. While the urea price index and futures indicate a continued rise in prices, the spot market reveals a stable domestic urea price with positive responses from enterprises. Factors like natural gas restrictions are impacting the supply side, leading to a decrease in gas-based urea production. Despite the active downstream inquiries, the recent surge in prices is causing a cautious approach among traders. The overall prediction suggests a short-term consolidation phase for the urea market.
- Abstract: This report provides a detailed analysis of the current state of the monoammonium phosphate (MAP) and diammonium phosphate (DAP) markets in China as of November 1st. It highlights the continued high-level consolidation of MAP prices due to a positive factory outlook, limited order acceptance, low production rates, and a focus on winter storage in the demand side. DAP prices remain stable amidst a tight supply and cautious downstream trading, with raw material costs providing underlying support. Both markets are influenced by factors such as factory attitudes, export commitments, and the status of raw material prices. The overall expectation is that both MAP and DAP prices will maintain their current trends in the short term, with high prices for MAP and stable consolidation for DAP.
- The report provides a comprehensive analysis of the phosphate fertilizer market in China, including price trends, production rates, and import/export data. It highlights the strong cost support and high operating prices in the market. The report also forecasts that the phosphate fertilizer market is expected to remain strong in the coming month, supported by high raw material costs and reduced supply.
- The report provides a daily review of the urea market in China, focusing on the price indices, futures market, spot market analysis, and market forecasts. It highlights the current trends in factory sales, supply and demand dynamics, and international price influences. The report suggests that the urea market is expected to continue its upward trend in the short term, driven by increased domestic agricultural fertilization, tight spot supply, and strong factory sales.
- The report provides a daily review of the phosphate fertilizer market in China, focusing on the price indices, market analysis, and forecasts for monoammonium phosphate and diammonium phosphate. It highlights the current trends in factory orders, supply and demand dynamics, and raw material costs. The report suggests that both monoammonium and diammonium phosphate markets are expected to hold firm in prices due to tight supply, pending factory orders, and steady downstream demand.
- The article discusses the current state of the phosphate fertilizer market in China, specifically focusing on the prices and market dynamics of Monoammonium Phosphate (MAP) and Diammonium Phosphate (DAP). It notes that prices for these fertilizers are generally stable or rising, supported by high costs and a limited supply. The downstream agricultural sector still provides strong demand, and both MAP and DAP markets are expected to maintain high levels in the short term due to factory backlogs and strong fundamentals on the supply and demand sides.
- The article discusses the state of the urea market in China, noting an uptick in domestic urea prices due to various factors such as decreased production in Egypt, positive international news, and domestic supply and demand conditions. It also offers statistical data on urea prices, futures contracts, and spot market trends. It concludes with a forecast suggesting that there is room for short-term price increases in the urea market, largely depending on positive export news and participation in the Indian urea tender.
- The report outlines the performance of China's domestic urea market in October. It starts off strong with companies having large orders before the National Day holidays, and pending shipments supporting the market. Despite some downward trends and increased production rates, the market remains firm due to favorable export news. However, the market also faces risks from export limitations and potential reflow of port inventory. Overall, the urea market is expected to continue its stable yet fluctuating performance in October.
- The report highlights the upward trend in phosphate fertilizer prices, particularly in the monoammonium and diammonium phosphate markets. The data from FertilizerMore indicates a firm rise in prices due to various factors, including decreased production rates, increased demand for winter storage, and support from pending costs. Both markets have witnessed a decrease in their start-up rates compared to the previous week, but they remain higher than the same period last year. The weekly production trend and port inventory statistics also showcase significant fluctuations, with monoammonium phosphate inventories remaining stable and diammonium phosphate inventories witnessing a considerable increase. The forecast suggests that both markets will continue to operate at high levels in the coming week.
- This week witnessed a rise followed by a decline in urea market prices, influenced majorly by export news and the Indian standard. Initially, the market surged due to the Indian standard and higher international prices. However, subsequent news on tightening export policies and associated risks brought down the market sentiment. By the week's end, the domestic urea small granules index stood at 2511.70, marking a 1.52% increase from the previous week. In terms of production, the domestic urea production showed an uptick with coal-based and gas-based urea productions having distinct dynamics. Market inventory statistics indicated a rise in large granule urea at ports, while company inventories fell. In the international market, FOB prices for urea from China displayed variable trends. The report forecasts that, given the current market dynamics and external factors, urea prices might face downward pressure in the short term.
- This article provides an update on the domestic phosphate fertilizer market in China, with a focus on monoammonium phosphate (MAP) and diammonium phosphate (DAP) prices as of October 26th. The MAP market is experiencing price consolidation as factories are temporarily holding back shipments due to a high volume of November orders. While MAP production has slightly decreased, demand is shifting towards winter storage. The DAP market is also stable with support from export orders, although the start of winter storage in the agricultural sector has been slow. Raw material prices remain a factor in the market, providing cost support. Overall, both MAP and DAP markets are expected to continue consolidating prices in the short term.
- This article provides an overview of the domestic urea market in China, focusing on the Urea Price Index, urea futures market, and spot market analysis as of October 26th. The Urea Price Index experienced a slight decrease compared to the previous day, influenced by various factors such as supply, demand, factory conditions, and export policies. The article discusses regional price variations, highlighting stable prices in some areas and decreases in others. It also delves into factors affecting supply and demand, including factory production, stockpiling, and the impact of the real estate sector on urea demand. Additionally, the article notes the weakening of positive export news and predicts a continued weak market trend in the short term.