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Daily review of phosphate fertilizer: The trading atmosphere in the ammonium phosphate market fluctuates slightly (July 5)

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July 5, 2023, 4:49 PM

Monoammonium phosphate price index:

According to Feiduo data, on July 5, the 55% powder index of China's monoammonium phosphate was 2467.50, stable; the 55% particle index was 2825.00, stable; and the 58% powder index was 2860, stable.

 

 

Monoammonium phosphate market analysis and forecast:

Today, China's monoammonium phosphate market is consolidating. The market atmosphere in Hubei has improved, downstream inquiries have increased, and a small amount of fertilizer raw materials have been stocked up in autumn. As a result, the factory price has increased by 50 yuan/ton. Currently, the price of Hubei 55 flour is 2,400 - 2,450 yuan/ton. As fertilizer preparation slowly enters the market in autumn, the minimum guarantee policy is gradually abolished, and the price of raw material synthetic ammonia has increased slightly, so the market mentality is improving. In the short term, mainstream areas of the monoammonium market may gradually have the intention to increase, and specific attention should also be paid to the downstream start-up situation.

 

Specific market prices in each region are as follows:


Diammonium phosphate price index:

According to Feiduo data, on July 5, the 64% particle index of China's mainstream diammonium phosphate was 3,538.33, stable; the 60% brown index was 3,200.00, stable; and the 57% content index was 2615, stable.

 

 

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is basically stable. In the mainstream region, only 64% of the price of granules in Hubei has been lowered by 50 yuan/ton, and market inquiries are rare. In terms of supply, demand and costs, compared with the previous period, the low-content supply at the beginning of the month is different from the tightening performance in the previous period. Currently, the demand for diammonium fertilizer preparation market in China is light in autumn, and companies mainly continue to execute export orders. However, with current costs low and international prices upside down with Chinese prices, it is expected that the diammonium phosphate market will continue to remain weak in the short term. In the long run, more attention needs to be paid to the progress of downstream fertilizer preparation.

Specific market prices in each region are as follows: