Daily Phosphate Fertilizer Review: Monoammonium Phosphate Enterprises Receive Good Orders, Diammonium Phosphate Enterprises Lower Prices

Monoammonium Phosphate Price Index:

According to Feidoodoo data calculations: As of May 13, the domestic mono ammonium phosphate 55% powder index stood at 2937.50, rising; the 55% granule index was stable at 3050.00; the 58% powder index increased to 3266.67.

Monoammonium Phosphate Market Analysis and Forecast:

Today, the domestic market price of mono ammonium phosphate was adjusted upward again. From the enterprise perspective, last week saw a good volume of orders received, with new orders following up well and deliveries pending until the end of this month, some extendable to the end of June. The pending volume is large, and current quotations are firm, with many enterprises temporarily halting new orders. In terms of the market, the trading atmosphere is positive, with a continuously tightening supply and actual transaction focal points moving higher. From the demand side, downstream maintains essential purchasing, and compound fertilizer enterprises continue to follow up, providing strong demand support. On the raw material front, prices for raw sulfur and phosphate rock are stable, while the synthetic ammonia market is trending upwards, driving costs higher. Overall, with a substantial pending volume at monoammonium enterprises, high-cost support, and good demand follow-up, the market price of monoammonium phosphate is expected to continue its stable, slight increase in the short term.

Diammonium Phosphate Price Index:

According to Feidoodoo data calculations: As of May 13, the domestic mainstream 64% granule index for diammonium phosphate stood at 3793.33, stable; the 60% brown index was 3450.00, stable; the 57% content index fell to 3425.00.

Diammonium Phosphate Market Analysis and Forecast:

Today, the domestic market price of diammonium phosphate continued to adjust slightly downward in a stable manner. From the enterprise perspective, pending shipments decreased, new order follow-up was poor, and enterprise inventory pressure increased, leading to a downward trend in mainstream quotations and a weak adjustment in market prices. In the market, domestic demand follows only minimal essential needs, showing weakness; international prices are declining, the export trading atmosphere is subdued, and international market conditions are weak. Demand-wise, domestic sales are lackluster, with mainstream corn fertilizer markets following up with minimal essential needs and cautious demand follow-up. Regarding raw materials, prices for sulfur and phosphate rock are consolidating, while the synthetic ammonia market follows up well with high prices, thus raw material cost support remains strong. Overall, with poor downstream follow-up in the diammonium market, weak new order reception by enterprises, and multiple price reductions, the market price of diammonium phosphate is expected to remain weakly stable in the short term.