According to Feiduo data, on July 20, the 55% powder index of China's monoammonium phosphate was 2,517.50, rising; the 55% particle index was 2,825.00, stable; and the 58% powder index was 2,913.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, China's monoammonium phosphate market is stable, and quotations from various places have not shown significant fluctuations. Only the price of 55 powder in Jiangsu has been raised by 50 yuan/ton to 2,500 - 2,600 yuan/ton. On the demand side, the downstream autumn fertilizer preparation market continues to pick up. In terms of supply, the factory has sufficient start-up in the near future, and the start-up has increased significantly to more than 50%. In terms of raw materials, the markets for synthetic ammonia and sulfur are firm and temporarily stable, and cost support still exists. Overall, it is expected that the monoammonium market will continue to strengthen in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on July 20, the 64% particle index of China's mainstream diammonium phosphate was 3,466.67, stable; the 60% brown index was 2,900.00, stable; and the 57% content index was 2620, rising.

Diammonium phosphate market analysis and forecast:

Today, the mainstream quotations in China's diammonium phosphate market are basically stable, with quotations in some regions dropping sporadically. Among them, the price of 64% of Hubei's granules has been lowered a lot, and the low price has dropped to 3150 yuan/ton. The market has a strong wait-and-see attitude. After early fertilizer preparation, there is currently very little demand for diammonium in the market. The company continues to produce to ensure exports and advance orders, and there is little change in start-up. The support of raw materials is bearish and the combined demand is bearish. Overall, the diammonium market is unlikely to show positive results in the short term. The market continues to hold prices and wait and see, accompanied by sporadic downturns in some regions.

Specific market prices in each region are as follows: