Daily review of phosphate fertilizer: Market demand is weak and price consolidation and operation (September 18)
![](/static/home/images/ecs/zx_05.png)
![](/static/home/images/ecs/zx_07.png)
Monoammonium phosphate price index:
According to Feiduo data, on September 18, the 55% powder index of China's monoammonium phosphate was 3,092.86, rising; the 55% particle index was 2820, stable; and the 58% powder index was 3,316.67, stable.
Monoammonium phosphate market analysis and forecast:
The market price of monoammonium phosphate in China increased within a narrow range today. In terms of enterprises, some enterprises are still continuing to implement the remaining advance orders in the previous period, suspending quotations, and a small number of new orders have been completed, and the trading atmosphere is general. In terms of cost, the port inventory of raw material sulfur has increased, and the price is still high, which provides support from the cost perspective. On the demand side, a small amount of downstream replenishment was replenished on demand, and demand weakened, and wait-and-see sentiment on the market increased. Overall, although the market demand for monoammonium phosphate is flat, it is supported by positive costs. It is expected that the market price of monoammonium phosphate will be stable and consolidated in the future.
Specific market prices in each region are as follows:
![](https://cdn.feidoodoo.com/2023/09/18/z9xxPg3y9JQfye7jnARVFu3SBCURLCc9kMOwXvuv.png)
Diammonium phosphate price index:
According to Feiduo data, on September 18, the 64% particle index of China's mainstream diammonium phosphate was 3774, stable; the 60% brown index was 3210, stable; and the 57% content index was 3,412.5, stable.
Diammonium phosphate market analysis and forecast:
Today, China's diammonium phosphate market is volatile and weak. In terms of enterprises, some diammonium companies still continue to advance advance shipments in advance, with sufficient shipments, and often suspend quotations. The ex-factory quotations are basically the same as the previous working day. In addition, due to the continuous shortening of fertilizer preparation time in autumn, the company's supply of goods has dropped rapidly in the early stage, and the company's enthusiasm for shipping has increased at present. On the demand side, although there is still a shortage of demand in the downstream, the overall purchasing enthusiasm of the market is weak, and the purchasing mentality of downstream traders tends to be cautious. On the whole, upstream shipments in the diammonium market are currently active and downstream purchases are cautious. It is expected that the diammonium market price will operate smoothly.
Specific market prices in each region are as follows:
![](https://cdn.feidoodoo.com/2023/09/18/l8FB67k7KZ0qQFxN1jqIjtfjxX0brkz9CcU4f9jc.png)