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Phosphate fertilizer daily review: Ammonium monoamine prices continue to rise, more companies suspend quotations (August 15)

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August 15, 2023, 4:00 PM

Monoammonium phosphate price index:

According to Feiduo data, on August 15, China's 55% powder index of monoammonium phosphate was 2,861.43, rising; the 55% particle index was 2,820.00, stable; and the 58% powder index was 3,133.33, rising.

 

 

Monoammonium phosphate market analysis and forecast:

Today, the price of monoammonium phosphate in China continues to maintain an upward trend. Currently, there are relatively abundant orders from companies, and some companies are in a state of suspending quotations and suspending orders. Moreover, due to the current upward trend in the monoammonium market, the market is low. It is difficult to find, and transactions continue to move up. On the whole, due to the current increase in factory shipments and tight supply sources, the market price of monoammonium phosphate is expected to remain high in the short term.

Specific market prices in each region are as follows:


 

Diammonium phosphate price index:

According to Feiduo data, on August 15, the 64% particle index of China's mainstream diammonium phosphate was 3556, stable; the 60% brown index was 3000, stable; and the 57% content index was 3050, stable.

 

 

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China remains stable, changing from the upward trend in previous days. Most of the market is in the process of suspending quotations and suspending collection. The supply of goods in China is relatively tight, and companies are more reluctant to sell, and they are more grateful to China's advance receipts and export sources. In addition, positive factors in the diammonium market currently dominate, and demand will continue to be released under the influence of autumn demand. Overall, international demand for diammonium is strong, and it is expected that there will still be a small amount of upside in export prices.

Specific market prices in each region are as follows: