Phosphate Fertilizer Daily Review: Market Remains Stable, Prices Continue at High Levels Monoammonium Phosphate Price Index:
Monoammonium Phosphate Price Index:
According to the data calculated byFeidoodoo: On September 7th, the domestic 55% powdered monoammonium phosphate index was 3121.43, stable; the 55% granular index was 2820, stable; the 58% powdered index was 3333.33, stable.
Monoammonium Phosphate Market Analysis and Forecast:
Today, the domestic monoammonium phosphate market price remains at a high level. On the enterprise side, most companies are still suspending quotations, accepting limited orders, and mainly executing previous orders. New orders are few, with some being sold at slightly higher prices. In terms of cost, the price trends of various raw materials are stabilizing, with little change in costs, and the cost-end prices continue to operate at high levels. Overall, there is little change in the monoammonium phosphate market, and it is expected that the market price will continue to remain high.
Diammonium Phosphate Price Index:
According to the data calculated by Feidoodoo: On September 7th, the domestic mainstream 64% granular diammonium phosphate index was 3774, stable; the 60% brown index was 3450, stable; the 57% content index was 3445, stable.
Diammonium Phosphate Market Analysis and Forecast:
Today, the domestic diammonium phosphate market price remains at a high level. In terms of supply, companies have sufficient stock, still executing previous domestic and export pre-orders, and many are temporarily suspending quotations and orders. The market supply is scarce, deliveries are slow, and there is basically no change in the supply side. On the demand side, there is still a need in the diammonium phosphate market, with downstream purchasing a small amount at lower prices. There is still a certain gap in demand, which is favorable for the rise in diammonium phosphate market prices. Overall, there is still a gap in the current diammonium phosphate market demand, and it is expected that the market price will continue to remain high.
