Monoammonium phosphate price index:
According to Feiduo data, on November 7, 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:
Today, the market price of monoammonium phosphate in China is temporarily stable and wait and see. On the enterprise side, the company's pending orders support the quotation, but the price has not changed, and the actual transaction continues to be mainly negotiated. In terms of the market, the market still maintains a weak consolidation trend. The trading atmosphere of new orders is general, the signing volume is limited, the market continues to be stable and continues to consolidate. Purchase and sales are currently paying more attention to the news guidance of the ongoing Nanjing Phosphate and Compound Fertilizer Production and Marketing Conference. In terms of demand, with the end of the autumn fertilizer market, demand for monoammonium phosphate has gradually weakened, follow-up on new orders in the market has been limited, and operators have a wait-and-see attitude, and the market is mainly stable in the short term. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continue to rise, the synthetic ammonia market has a strong wait-and-see atmosphere, prices have been adjusted regionally, and costs continue to support the market. On the whole, the current monoammonium market is supported by costs and readiness, and the market remains stable. However, weak demand and abundant supply limit its room for growth. It is expected that the market price of monoammonium phosphate will continue to stabilize and consolidate in the short term.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on November 7, the mainstream 64% particle index of 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 continues to remain stable today. On the enterprise side, the enterprise has sufficient orders to issue, some of which will be issued until January 2025. Currently, it is actively shipping export orders and is advancing in an orderly manner. There is no sales pressure. In addition, with the support of costs, the factory quotation has not changed, and actual orders are negotiated. In terms of the market, the market is operating stably and the trading atmosphere is relatively light. Currently, they are mostly waiting for the association meeting to bring information and guidance, and the industry maintains a wait-and-see attitude towards the future outlook. On the demand side, downstream demand is weak. Currently, the pricing in the Northeast market has not yet been collected, and the winter storage policy is still unclear. People in the market are cautious in purchasing and hold a wait-and-see attitude towards the future outlook, and maintain stability in the short term. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to increase slightly, the market price of synthetic ammonia rose and fell regionally, and the cost side continued to support the market. Overall, the current diammonium market is facing sluggish demand and unclear winter storage policies. There is a strong wait-and-see attitude. Most operators are cautious 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:
