On August 17, domestic Monoammonium Phosphate (MAP) prices remained stable, with a 55% powder index at 2890 and a 55% granular index at 2821. Many enterprises paused their quotations, relying on prior orders that could extend until the end of September. The price rise of upstream synthetic ammonia contributed to an increased cost for MAP. Diammonium Phosphate (DAP) prices indicated an upward trend, with the 64% granular index increasing to 3640. Many DAP enterprises have either suspended quotations or ceased orders. Both the MAP and DAP markets hint at potential short-term price increases due to supply-demand imbalances and positive upstream conditions.

On August 17th, the domestic urea price index rose to 2546.86, marking a 5.22% increase from the previous year. The urea futures market experienced fluctuations, with a notable closing price of 2121 for the UR2401 contract. Spot market prices also surged due to anticipated supply figures and the influence of Indian markings. Regional price shifts across China were observed. Owing to equipment issues and market influences, there's a tight supply, prompting higher urea prices. The outlook suggests a short-term upward trend for urea prices in China.

On August 16th, domestic urea prices rose due to factors like exports and positive news about markings for China. The futures market, particularly the UR2401 contract, trended downwards. Given these influences, urea prices are anticipated to stay high in the upcoming period.

On August 16th, monoammonium phosphate prices rose due to strong enterprise pricing and upstream market influences. Meanwhile, the diammonium phosphate market stayed stable, with increased international demand and rising export prices. Both phosphate types are expected to maintain high prices in the near future.

nfluenced by global events like the Russia-Ukraine conflict and extreme El Niño weather, international fertilizer prices have risen, affecting domestic costs for products like urea and phosphate fertilizers. Despite it being an off-peak season, the urea market in particular remains active. With external factors like weather and geopolitical tensions impacting agricultural prices, the fertilizer market is anticipated to see continued fluctuations.

The monoammonium phosphate market has seen a notable price increase due to high raw material costs, limited supply, and growing demand. As of August 15, 2023, the price for 55% powdered monoammonium phosphate reached 2861.43. This rise is influenced by the costs of essential raw materials and the seasonal demand for high-phosphorus fertilizers. With added support from international markets, prices are expected to stay high in the near term, but there's a need to watch trader and end-user reactions to the ongoing price surge.

d on Feidoodoo data, both monoammonium and diammonium phosphate prices are increasing as of August 14th. The monoammonium market faces high demand with limited supply, while the diammonium market's rise is influenced by low stock and increasing sulfuric acid prices. Both phosphate fertilizers are expected to maintain high prices in the near future.

Domestic urea prices are on the rise. As of August 14th, there's a 3.97% year-on-year increase. While prices vary across regions, the overall market sentiment is positive due to export orders and global price trends, hinting at potential future increases.

In-depth Tracking of the Fertilizer Industry: Uncertainties Impacting Overseas Markets.

Chemical product prices dropped a lot in the first half of the year. But since July, these prices started to go up again. Countries like Saudi Arabia and Russia will produce less oil in September, which might make oil prices rise. The article suggests that sectors like potash, natural gas, and electronic gas will grow and mentions some companies to watch. However, there are risks, like unpredictable oil prices and demand not meeting expectations.

Russia and the African Peace Delegation met and discussed removing export barriers for Russian grain and fertilizer. They also talked about humanitarian issues, including the well-being of children in war zones and prisoner exchanges between Russia and Ukraine. The group wants the Black Sea agricultural trade agreement to be restored and has asked the UN to release detained Russian fertilizer in EU ports for free shipping to Africa. The African Peace Delegation continues to mediate the Russia-Ukraine conflict and has proposed a peace plan.

The domestic urea market saw an uptick in prices on August 10th, with the urea small granule price index rising by 0.76% from the previous day. The futures market for urea showed some fluctuations, with the UR2401 contract closing at a lower price than its opening. In the spot market, the overall sentiment was positive, with most regions experiencing price increases. The Northeast, North China, East China, and South China regions saw notable price hikes. Factors such as increased daily production of urea, the off-season for domestic demand, and international influences like India's higher bidding prices contributed to the market's improved sentiment. The overall forecast suggests that urea prices might continue to operate at high levels in the short term due to various favorable factors.

Urea Daily Review on August 7: Market Demand Weakens, Awaiting Indian Tender Results.

In July, the ammonium chloride market saw a rise in prices, influenced by an increase in urea prices and the restart of fertilizer production. The market is balanced in supply and demand, but prices differ across regions. Key factors include the strong synthetic ammonia market and stable salt market. Looking ahead, the ammonium chloride market is expected to stay stable with minor price changes, while keeping an eye on related products.

CITIC Securities forecasts a rise in phosphate and nitrogen fertilizer prices in late 2023 due to factors like autumn fertilizer preparation and concentrated domestic demand. China's fertilizer industry is evolving, with over 50% reliance on potassium fertilizer imports. Global events, such as Russia's grain export suspension and Canadian port strikes, may affect grain and fertilizer supplies. Rising grain futures and South American demand hint at increasing potassium fertilizer prices.