Monoammonium phosphate price index:

According to Feiduo data, on May 22, the 55% powder index of China's monoammonium phosphate was 2,696.25, stable; the 55% particle index was 3,050.00, stable; and the 58% powder index was 3,043.33, stable.

Monoammonium phosphate market analysis and forecast:

At the beginning of the week, the price center of China's monoammonium phosphate market was temporarily stable, and market trading was average. Raw material prices rose steadily last week, and some large factories began to operate after maintenance, with a slight increase in start-ups during the week. However, it is observed that today's synthetic ammonia market prices are mixed, sulfur prices are consolidating and fluctuating, phosphorus rock prices are unstable, the cost of monoammonium fluctuates again, and the market mentality is unstable. There is little demand for monoammonium downstream compound fertilizers, and some large enterprises still have partial inventories of raw materials. On the whole, while raw material prices are still declining, downstream purchasing willingness will continue to be sluggish, market transactions will be deadlocked, and the decline in monoammonium prices will be difficult to change.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 22, the 64% particle index of China's mainstream diammonium phosphate was 3,713.33, stable; the 60% brown index was 3,300.00, stable; and the 57% content index was 3,057.50, stable.

Diammonium phosphate market analysis and forecast:

Today, China's diammonium phosphate market is operating steadily and weakly, and the price center of gravity has not changed significantly yet. The price of diammonium raw materials fell within a narrow range today, and the overall market maintained a bearish sentiment. In recent weeks, market starts have continued to decline within a narrow range, and some early orders are ready for supply. The downstream has a strong wait-and-see attitude and average enthusiasm for procurement. Companies maintain a small number of new orders to follow up. Like the ammonium market, due to the recent decline in raw material phosphorus rock, if costs continue to weaken, it will greatly affect the market mentality. Coupled with the fact that the international market has also weakened, the diammonium market is dominated by negative trends, and is expected to maintain a weak downward trend in the short term.

Specific market prices in each region are as follows: