Monoammonium phosphate price index:
According to Feiduo data, on October 31, the 55% powder index of China's monoammonium phosphate was 3,162.50, down; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,450.00, stable.
Monoammonium phosphate market analysis and forecast:
Today, the market price of monoammonium phosphate in China has stabilized and dropped slightly. On the enterprise side, the enterprise continues to mainly implement advance orders in the early stage, offers continue to operate smoothly, the enterprise mentality is stable, and actual transactions are maintained under negotiation. In terms of the market, there is limited follow-up on new orders in the market, a strong wait-and-see atmosphere among operators, and a poor atmosphere among stock holders. The overall market trend is stable, maintaining a deadlock and consolidation operation, and there is no sign of fluctuations in the short-term market. On the demand side, downstream demand has followed up generally and performed poorly. Procurement continues to maintain a small amount of goods on demand, and the mentality is cautious and wait-and-see. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have stabilized, the market prices of synthetic ammonia have been steadily adjusted, and the cost side has been stabilized and consolidated, continuing to support the market. On the whole, the current market cost and readiness of monoammonium continue to support, and the market will operate steadily in the short term with little change. It is expected that the market price of monoammonium phosphate will continue to hold stable in the short term.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on October 31, the 64% particle index of the mainstream diammonium phosphate in China was 3,821.67, stable; the 60% brown index was 3,500.00, stable; and the 57% content index was 3,420.00, stable.
Diammonium phosphate market analysis and forecast:
Today, the market price of diammonium phosphate in China continues to be stable and consolidated. In terms of enterprises, most of them mainly implement policies to stabilize supply and protect prices. Ex-factory prices have not changed significantly, and the quotations are firm. Currently, prices have not been fixed in the Northeast market, and actual transactions continue to be dominated by negotiations. In terms of the market, the market continues to operate smoothly, with sporadic downstream replenishment orders, just requiring a small amount of follow-up, and maintaining stability in the short term. Market fluctuations are limited, international demand just needs to follow up, and export prices continue to be high. On the demand side, the autumn market is basically over, and the winter storage market is about to start. Downstream demand is weak, orders are replenished sporadically, and the trading atmosphere is light. Operators are holding a wait-and-see attitude towards the future outlook and are waiting for the association meeting early next month to give the market certain guidance. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock have been horizontally adjusted, the price increase of synthetic ammonia has slowed down, the wait-and-see atmosphere is strong, and costs are still high. On the whole, the current diammonium market is on the sidelines, with limited market fluctuations. It is expected that the market price of diammonium phosphate will continue to consolidate in a short period of time.
Specific market prices in each region are as follows:
