Domestic phosphate fertilizer market may be deadlocked

International market: The external disk showed the performance of entering the phosphate fertilizer market in August. India's demand is not strong; Pakistan purchases more diammonium; Latin America's procurement is not booming. Due to the end of spring fertilizer use in India, the import volume in August decreased slightly. The purchase price of diammonium was CFR450/tonne, which was 5 dollars lower than last week's CFR455/ton; Pakistan purchased two batches of diammonium price in China. In the CFR460 US dollars / ton; weak international market demand, frequent low prices lead to the domestic market is difficult to support good support.

Domestic market: At present, 55% of the powdered monoammonium mainstream station price is still maintained at 1900-1950 yuan, 57% powder Hubei to Shandong station price is 1970 yuan/ton, and 58% Shandong arrival station price is 2150 yuan/ton; Hubei The ex-factory price of 57% diammonium in the region is 2,350-2,400 yuan/ton, 60% is ex-factory, 2,600 yuan/ton, and 64% is ex-factory, 2,650-2,700 yuan/ton.

Analysis: In the face of a weak international market, large-scale domestic fertilizer companies still want to seize the last chance for exports, and many companies continue to negotiate export sources. The domestic market has also responded to measures such as: reducing prices, guaranteeing the bottom, and the Fed to reduce inventory pressure, but the instability of prices has caused many traders to dare to take delivery, and the phosphate fertilizer market stalled again.

Prediction: In August, the production of fertilizer in the fall is another consumption channel for ammonium phosphate stocks, and the price will decline as export prices decline.