Since the beginning of the year, the domestic phosphate fertilizer market has opened an upward model. The prices of raw materials such as sulfur, sulfuric acid and phosphate rock have continued to rise, and the demand for fertilizer preparation for spring ploughing in the downstream is strong, which provides a good support for the rising price of phosphate fertilizer. Under the continuous influence of the national policies of ensuring supply and price stability and legal inspection of fertilizer export, how did the phosphate fertilizer export market perform in the first quarter of this year?

From January to March 2022, the total domestic export volume of monoammonium phosphate was 202300 tons, with a cumulative export amount of $146.2698 million. The export volume decreased by 39.99% month-on-month and 65.57% year-on-year.

In terms of exporting countries, they were mainly exported to 35 countries or regions, such as Australia, Argentina, Brazil, India, Mexico, Japan, Malaysia, etc.. Among them, 121700 tons were exported to Australia, accounting for 64% of the total, followed by 20000 tons to Argentina, accounting for 11%; 17600 tons were exported to Brazil, accounting for 9%. The export volume of other countries is less than 10000 tons.

In terms of the registered places of export enterprises, the main export areas included Yunnan, Guizhou, Shandong, Sichuan, Hubei, Hainan and other regions. Among them, Yunnan Province had the largest export volume, 102800 tons, accounting for about 51% of the total; Secondly, the export volume of Guizhou Province was 48600 tons, accounting for 24%; The third was Shandong Province exporting 17000 tons, accounting for 9% of the total.

From January to March 2022, the export volume of diammonium phosphate was 742700 tons, with a cumulative export amount of $517.6811 million. The export volume decreased by 22.14% month-on-month and 19.1% year-on-year.

From the perspective of exporting countries, it was mainly exported to 22 countries or regions, such as India, Bangladesh, Thailand, Japan, Nepal, Australia, Vietnam, etc.. Among them, 189500 tons were exported to India, accounting for 27% of the total, followed by 159900 tons to Bangladesh, accounting for 22% of the total; 123500 tons to Thailand, accounting for 17%; 67700 tons were exported to Japan, accounting for 10%; and 37700 tons were exported to Nepal, accounting for 5%.

In terms of the registered places of export enterprises, the main export areas include Yunnan, Hubei, Guizhou, Fujian, Inner Mongolia, Guangxi and other regions. Among them, Yunnan Province had the largest export volume of 396200 tons, accounting for about 54% of the total; Secondly, the export volume of Hubei Province was 234300 tons, accounting for 32%; The third is Guizhou Province exporting 9000 tons, accounting for 12%.

At present, the demand in some domestic regions has weakened, and the price of international market still remians high. The FOB price of monoammonium phosphate in China is $1005-$1030 / ton, and the FOB price of diammonium phosphate is $1050-$1080 / ton. The export intention of phosphate fertilizer manufacturers is high, and it is expected that the export volume of phosphate fertilizer will increase in the later stage.