Monoammonium phosphate price index:

According to Feiduo data, on January 23, the 55% powder index of China's monoammonium phosphate was 3,137.50, down; 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 declined slightly. On the enterprise side, the transaction of new orders is limited. Currently, there is no clear quotation, and the actual transaction continues to be negotiated. In terms of the market, the market maintained a flat operation, its trend remained weak, and industry operators were more bearish. On the demand side, downstream demand is sluggish. Compound fertilizer companies are slow to deliver finished products, their inventories are pressurized, and their enthusiasm for purchasing raw materials is low. They continue to maintain a small amount of goods that are just needed, and the overall amount of goods is small. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia are fluctuating, the supply of phosphate rock remains tight, and the support for raw materials is weak. On the whole, the current monoammonium market transactions are still flat, the sentiment of the industry is more bearish, and market transactions are stagnant. It is expected that the market price of monoammonium phosphate will continue to be weak in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on January 23, 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 continues to hold steady. In terms of enterprises, most companies have sufficient orders and mainly carry out advance orders. The current ex-factory price has not fluctuated, and actual transactions continue to be dominated by negotiations. In terms of the market, the market cargo atmosphere is still poor, the market continues to be tired, and the market is operating slowly and steadily. On the demand side, downstream demand has performed poorly, industry operators have strong bearish sentiments, agricultural corn prices are sluggish, and growers have poor enthusiasm for fertilizer harvesting; industrial downstream compound fertilizer companies operate cautiously and have an undiminished wait-and-see attitude. They just need to follow up on a small amount, and the trading atmosphere is average. In terms of raw materials, the market for raw material sulfur continues to fall, the price of synthetic ammonia rises slightly, the supply of phosphorus rock is still tight and the price is rising, and cost support is weak. On the whole, the current diammonium market is poor, cost support is weakened, and the market is difficult to operate. It is expected that the market price of diammonium phosphate will continue to operate weakly in the short term.

Specific market prices in each region are as follows: