Monoammonium phosphate price index:

According to Feiduo data, on January 22, the 55% powder index of China's monoammonium phosphate was 3,168.75, stable; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,383.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to hold steady. On the enterprise side, most companies have difficulty in bidding, and the actual transaction is kept under negotiation. At present, low-end prices in the market continue to appear, and prices appear to be chaotic. In terms of the market, the number of new orders in the market was limited, which continued to maintain a weak operation, and many transactions remained true. In terms of demand, downstream compound fertilizers are slow to deliver goods, and intentions to purchase raw materials are weak. Operating rates continue to decline. The intention of purchasing goods weakens, and only a small amount of on-demand goods is maintained. In terms of raw materials, the price of raw material sulfur has continued to decline, the price of synthetic ammonia has risen, the price of phosphorus rock has remained stable, and the price of raw materials has continued to fall. Overall, the current monoammonium market is not enthusiastic about replenishing goods, downstream procurement is slowing down, and the market situation has not changed. It is expected that the market price of monoammonium phosphate will continue to weaken and decline in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on January 22, the 64% particle index of China's mainstream diammonium phosphate was 3,860.00, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,522.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable. On the enterprise side, the ex-factory price of enterprises has temporarily stabilized, and the batch delivery and receipt model has been implemented. The current performance of the shipment is still good; traders lack confidence, and shipment prices in some regions have been flexibly adjusted, and actual transactions have remained single. In terms of the market, the market is consolidating, with slow shipments and light trading atmosphere. On the demand side, grain prices are sluggish, terminal purchase intentions are weak, progress is slow, and grassroots demand follow-up is limited; downstream demand is weak, traders are only enthusiastic to cover positions, industry confidence is frustrated, and a wait-and-see atmosphere is strong. In terms of raw materials, the price of raw material sulfur has been consolidated downward, the price of synthetic ammonia has increased slightly, and the supply of phosphorus rock has remained tight and the price has increased, and cost support has weakened. On the whole, the current diammonium market atmosphere has changed little and continues to operate weakly. It is expected that the market price of diammonium phosphate will continue to stabilize and fall sharply in the short term.

Specific market prices in each region are as follows: