- This report provides insights into the production and operating rate of urea in China for January 2024. It highlights a decrease in monthly production compared to the previous month but a year-on-year increase. The operating rate experienced a slight decline during the month but remained higher than the same period last year. The report discusses factors such as natural gas restrictions, maintenance operations, and capacity utilization trends in the urea industry.
- This daily report presents an analysis of the domestic ammonium phosphate and diammonium phosphate markets, highlighting stable prices as the Spring Festival approaches. The enterprise focus is on executing pre-sales orders, and market transactions are gradually halting due to the impending holiday. The report discusses weak demand, limited trading, and the impact of raw material prices on the phosphate fertilizer market. It anticipates a continuation of stable and consolidating market conditions in the short term.
- This daily report provides an overview of the domestic urea market, indicating a slight decline in prices with manufacturers maintaining stable quotations. The analysis covers the urea price index, spot market trends, and predictions for the future market scenario. As the Spring Festival approaches, most factories have completed pre-sales orders, contributing to stable prices. However, market sentiment is cautious, and external factors such as weather conditions impact transportation. The report also highlights the limited follow-up transactions, weak industrial demand, and the gradual shutdown of downstream factories, leading to an overall expectation of stable urea market prices in the short term.
- Phosphate Fertilizer Weekly Review: Limited Market Trading, Difficult to Improve Before the FestivalThis weekly report provides a comprehensive analysis of the phosphate fertilizer market, focusing on Monoammonium Phosphate (MAP) and Diammonium Phosphate (DAP). The report covers market prices, industry operations, weekly production trends, and port inventory trends for both MAP and DAP. The outlook suggests limited market trading, subdued demand, and challenges in improvement before the festival. MAP market prices are expected to remain stable, while DAP market prices are anticipated to continue stabilizing with minor declines in the upcoming week.
- This weekly report provides a comprehensive overview of the urea market, highlighting a positive shift in market conditions attributed to satisfactory pre-Chinese New Year order collections. The report covers market dynamics, quoted prices in delivery areas, futures warehouse receipt distribution, and industry chain dynamics including daily production, operating rates, and inventory levels. Additionally, it discusses the compound fertilizer and melamine industries, providing insights into their respective market situations. International market quotations are included, and the report concludes with an outlook on supply, inventory, and demand, predicting a flat market operation in the upcoming week.
- This report analyzes the current state of the urea market, noting a trend towards stability with a weak adjustment in prices. The urea futures market experienced slight fluctuations, with an overall increase in the closing price. The spot market faced downward adjustments, influenced by transportation restrictions which led to a decrease in market transaction activity. Manufacturers have fulfilled their pre-holiday orders, focusing on maintaining prices with minor adjustments amidst a more comfortable supply situation and accelerated industry shipments. Demand continues to weaken as the Spring Festival approaches, with decreased enthusiasm for higher prices and limited agricultural demand follow-up, contributing to a weak overall demand side. The forecast suggests the urea market will continue to adjust in the short term, with prices expected to remain mostly stable with minor adjustments, influenced by sufficient enterprise orders, a supportive downward trend in inventories, and transportation limitations impacting price momentum.
- This report provides a comprehensive analysis of the phosphate fertilizer market, focusing on monoammonium phosphate (MAP) and diammonium phosphate (DAP) segments. Both MAP and DAP markets exhibit weak adjustments with stable price indices for various product types. The report highlights challenges in shipments for MAP enterprises, leading to inventory pressures and a cautious approach to raw material purchasing as the Spring Festival approaches. Similarly, the DAP market shows a tepid performance with weak pre-festival demand and minimal downstream follow-up. Raw material factors, such as the slight increase in sulfur prices and the decline in synthetic ammonia prices, offer weak support to the market. The forecast suggests that both MAP and DAP market prices will continue to weakly adjust in the short term, with the overall market sentiment remaining cautious and transactions lackluster, particularly as the demand side shows limited change before the festival.
- This report provides an analysis of the current state of the phosphate fertilizer market, focusing on monoammonium phosphate (MAP) and diammonium phosphate (DAP) segments. The analysis reveals that both MAP and DAP markets are experiencing weak adjustments with stable price indices for various product types. The market is characterized by increased sales pressure on MAP factories, tepid transaction atmospheres, and strong wait-and-see sentiments among downstream operators, leading to lackluster demand. Despite sufficient pending orders for DAP and ongoing execution of pre-received orders, there is little expectation for change in the market dynamics before the Spring Festival. Raw material factors, including the rebound in sulfur prices and decline in synthetic ammonia prices, provide weak support for the market. The forecast suggests that both MAP and DAP market prices will continue to weakly adjust in the short term, with the overall market sentiment remaining cautious and the transaction atmosphere weak.
- This report examines the current state of the urea market, highlighting a slight increase in prices amidst a backdrop of stable factory quotations with minor adjustments. The urea futures market experienced a notable decrease, while the spot market showed a minor upward trend across various regions, supported by pending shipments. New order transactions have significantly decreased, indicating difficulties in sustaining price increases. The market sentiment has shifted towards caution as the Spring Festival approaches, with a slowdown in market follow-up and a weakening transaction atmosphere. Supply has incrementally increased due to the resumption of previously shut down facilities, yet spot supply remains tight due to significant market shipments. Demand has primarily followed agricultural shipments, with most purchases completed, leading to a cautious outlook and a weakly downward sentiment. The report forecasts a short-term stability in urea market prices with minor adjustments, supported by a high volume of transactions and tight spot supply, suggesting a firm market operation.
- This report provides an in-depth analysis of the urea market for January, highlighting a weak operational trend with prices continuously exploring lows. The domestic urea market faced reduced pending shipments, cautious downstream purchasing, and pressure from enterprise quota fulfillment before the Spring Festival, leading to a tepid transaction atmosphere. The urea price index showed a significant year-on-year decline. Despite an increase in industry operation rates from previously shut down facilities, market demand remained cautious with a heavy wait-and-see sentiment, impacting price stability. The export and import data revealed significant changes year-on-year, with exports increasing substantially while imports decreased. Inventory trends at ports and enterprises indicated a reduction, with enterprises focusing on domestic market supply amid export limitations. The forecast suggests a continued standoff in the market with a weak and fluctuating operational trend due to factors such as synthetic ammonia market weakness, increased supply from resumed facilities, cautious agricultural restocking, and declining industrial demand.
- This report provides a detailed analysis of the phosphate fertilizer market, focusing on the monoammonium phosphate (MAP) and diammonium phosphate (DAP) segments. It outlines the current pricing indices, market dynamics, and short-term forecasts for both MAP and DAP. The analysis highlights the weak downward adjustment in MAP prices due to insufficient follow-up on new orders and an expected reduction in supply as the Spring Festival approaches. Conversely, DAP prices have remained stable, with enterprises focusing on fulfilling pre-sold orders amid a flat market operation and limited demand improvements. The report emphasizes the weak support from raw material prices and predicts that both MAP and DAP market prices will continue to adjust weakly in the short term, influenced by the cautious sentiment among downstream purchasers and the ample supply of pending orders for DAP.
- This report provides an analysis of the current urea market, highlighting the slight upward adjustment in prices driven by an increase in new orders and tight supply. The urea futures market experienced a slight decrease, while the spot market saw a continuation of the upward price trend across various regions. The analysis predicts a short-term upward trend in market prices due to better order acceptance and tight spot supply, despite an increase in supply from companies resuming operations post-maintenance. The market outlook remains cautiously optimistic, with expectations of stable to slightly increasing prices, although the overall growth potential is deemed limited due to weak demand and cautious downstream participation.
- This study presents a comprehensive analysis of the phosphate fertilizer market, focusing on the price dynamics and forecasts for monoammonium phosphate (MAP) and diammonium phosphate (DAP) in the domestic context. The analysis includes detailed insights into the current market operation, characterized by weak adjustments and slight declines in prices due to insufficient demand follow-up. The research utilizes data up until January 2024, revealing trends in market prices, industry operating conditions, production volumes, and import-export statistics. The findings indicate a continued weak market operation with stable to slightly declining prices, influenced by both upstream raw material prices and downstream demand. The study also encompasses the operating rates and production trends within the domestic phosphate fertilizer industry, alongside an examination of the apparent consumption volumes and port inventory trends. This comprehensive overview provides a solid foundation for understanding the current state and future prospects of the phosphate fertilizer market.
- This daily review focuses on the phosphate fertilizer market, specifically MAP and DAP, highlighting stable price indices but a weak market performance due to limited new orders before the holiday. Enterprises are mainly executing presales, with a cautious approach to new transactions amid a general lack of market vitality. Demand is restrained, with slow follow-up on just-in-time needs, and raw material costs are adjusting downwards. The overall market sentiment is cautious, with expectations of continued weak trends in the short term, reflecting a period of consolidation and cautious trading ahead of the holiday season.
- This daily review discusses the urea market, noting an uptick in transactions at the lower end and minor upward price adjustments. The urea price index showed a slight increase, while futures market activity indicated a rise in closing prices. Spot market analysis highlighted improvements in order receipts at lower prices across various regions, with an overall trend towards price stability but minor adjustments. Factories continue to focus on presales, with some adjusting prices upwards to manage order intake. Supply is on the rise due to the gradual resumption of production by gas-based enterprises, while demand shows cautious buying patterns, leading to a firm but stable market outlook in the short term.