Monoammonium phosphate price index:

According to Feiduo data, on November 16, the 55% powder index of China's monoammonium phosphate was 3,475.00, stable; the 55% particle index was 3,400.00, stable; and the 58% powder index was 3,616.67, stable.

Monoammonium phosphate market analysis and forecast:

The price trend of monoammonium phosphate in China today remains stable. On the enterprise side, manufacturers have a large number of shipments, and have suspended most of their orders and received orders in limited quantities. At present, their mentality remains firm during the meeting; traders have limited supplies, so they are currently paying more attention to the content of the Wuhan meeting and wait and see for the time being. In terms of supply, Nissan continues to be low, spot supplies on site are tight, and market inquiries are difficult. In terms of demand, the winter storage market has basically entered the medium term. Subsequent market needs still exist, and purchases continue to be followed up. However, under the influence of the continuous increase in monoammonium prices, the mentality of the industry has gradually become cautious. In terms of raw materials, the prices of raw materials phosphate rock and sulfur continue to be high, and cost support still exists. Overall, the current focus of the monoammonium phosphate market has shifted to this industry meeting. It is expected that the market price of monoammonium phosphate will continue to be high and firm in a short period of time. Specifically, we need to continue to pay attention to the situation of this industry meeting.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on November 16, the 64% particle index of China's mainstream diammonium phosphate was 3,880.00, stable; the 60% brown index was 3,760.00, stable; and the 57% content index was 3,610.00, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is high. In terms of enterprises, enterprises have sufficient advance orders. Among the pre-execution export orders, a small amount of goods are released in the Chinese market, and most of them wait for mainstream enterprises to clarify pricing. On the supply side, the supply of goods in the Chinese market is tight, and the supply of goods in North China is difficult to find. Market transactions are temporarily stagnant. In addition, corporate inventories are lower than the market in the same period last year. On the demand side, the winter storage market is in large demand, but in view of the high market prices, downstream traders are cautious in operating and waiting for clear guidance from the phosphorus and compound fertilizer meeting. The overall wait-and-see atmosphere is heavy. In terms of raw materials, the market price of synthetic ammonia is loose, the price of domestic sulfur is rising, the phosphate rock market is not volatile, the upstream market is fluctuating within a narrow range, and the cost support of diammonium is still strong. On the whole, the diammonium market has not changed much at present. The market is waiting for this industry meeting. It is expected that the price of diammonium phosphate will remain high in the short term.

Specific market prices in each region are as follows: