Monoammonium phosphate price index:
According to Feiduo data, on November 4, the 55% powder index of China's monoammonium phosphate was 3,162.50, stable; 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:
The market price of monoammonium phosphate in China is stable today. On the corporate side, companies continue to implement advance orders, and offers remain stable. Most of their attention shifts to this week's Phosphate and Compound Fertilizer Association meeting, waiting for guidance from the news. In terms of the market, the overall market is operating steadily, with limited follow-up on new orders. This week's association meeting is about to start. Recently, operators have been holding steady and wait-and-see, and the overall market has limited fluctuations. In terms of demand, with the end of autumn fertilizer, demand has weakened in many places, and the number of companies that have reduced loads and stopped production has increased. However, the start of winter storage has been relatively slow. Except for early shipments in Northeast China and parts of the south, most shipments in North China have turned weak; Compound fertilizer companies have slightly adjusted their finished products inventory, and purchases have follow-up expectations. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock fluctuate within a narrow range, and the synthetic ammonia market is developing well. Prices are stable and fluctuating, and the cost side continues to support them. On the whole, the price remains stable under the current market cost of monoammonium and the support of waiting, and it is expected that the market price of monoammonium phosphate will continue to operate steadily in the short term.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on November 4, the 64% particle index of the mainstream diammonium phosphate in China was 3821.67, stable; the 60% brown index was 3500.00, stable; and the 57% content index was 3420.00, stable.
Diammonium phosphate market analysis and forecast:
The market price of diammonium phosphate in China is stable today. In terms of enterprises, the ex-factory price of enterprises has been stable and slightly adjusted, with little overall change. Actual orders have been negotiated, and some manufacturers have annual maintenance, and operating rates are expected to be lowered within a narrow range. In terms of the market, the market is operating stably, and the Northeast market has not yet set prices and collected funds. Operators are holding a wait-and-see attitude towards the future outlook, waiting for the winter reserve policy to be clarified and guidance from the association meeting. In terms of demand, downstream demand is weak, and there are still expectations for subsequent winter reserves and the Northeast market. The Northeast market will start in the later period to boost the demand atmosphere in the Diammonium market. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock increased slightly, the market prices of synthetic ammonia were stable and fluctuated, and raw material prices remained strong. On the whole, the current diammonium market continues to be stable and the market has little change. The industry has a wait-and-see attitude, and it is expected that the market price of diammonium phosphate will continue to be stable in the short term.
Specific market prices in each region are as follows:
