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Phosphate fertilizer daily review: No positive market conditions stimulate phosphate fertilizer prices to consolidate (September 25)

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September 25, 2023, 3:54 PM

Monoammonium phosphate price index:

According to Feiduo data, on September 25, the 55% powder index of China's monoammonium phosphate was 3,092.86, stable; the 55% particle index was 2820, stable; and the 58% powder index was 3,316.67, stable.

 

 

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China remains stable. On the enterprise side, at present, enterprises still mainly implement advance orders in advance and suspend quotations. Enterprises are waiting for increments, and delivery is worry-free. In terms of cost, the price of raw material synthetic ammonia continues to rise, and the cost side continues to provide support. On the demand side, the downstream autumn fertilizer market continues to maintain a small amount of on-demand replenishment orders, and the Northeast market demand follows up, and the overall demand side has not changed much. Overall, the market price of monoammonium phosphate has no positive stimulus, and it is expected that the market price of monoammonium phosphate will continue to operate strongly in the short term.

Specific market prices in each region are as follows:


 

Diammonium phosphate price index:

According to Feiduo data, on September 25, the 64% particle index of China's mainstream diammonium phosphate was 3774, stable; the 60% brown index was 3320, stable; and the 57% content index was 3,412.5, stable.

 

 

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to operate smoothly. In terms of enterprises, enterprises are currently waiting for support. Most companies continue to ship pre-received orders and temporarily suspend quotations and receive orders. On the demand side, terminal procurement enthusiasm is currently average, and a small number just needs to be followed up, resulting in a dull market trading atmosphere. On the whole, the diammonium phosphate market will be ready to support in a short period of time, and it is expected that the market price of diammonium phosphate will continue to operate stably.

Specific market prices in each region are as follows: