Monoammonium phosphate price index:

According to Feiduo data, on March 19, the 55% powder index of China's monoammonium phosphate was 3,113.75, stable; the 55% particle index was 3,150.00, stable; and the 58% powder index was 3,433.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China remains stable. In terms of factories, manufacturers still focus on executing pending orders, holding prices stable, postponing price adjustments, suspending some quotations, and focusing on shipment of goods. In terms of the market, the market trading atmosphere is relatively weak. Recently, some companies have received export orders and exported goods have gathered in the port. On the demand side, the demand in the Chinese market is weak, the follow-up of procurement by downstream compound fertilizer factories is slowing down, the market is unstable, the demand for raw material procurement is weak, and the overall new order transaction atmosphere is low. In terms of raw materials, the prices of raw materials sulfur and phosphate rock fluctuated slightly, the low price of synthetic ammonia increased slightly, and the cost trend remained weak. On the whole, there is still support for the current monoammonium plant to be launched, and the demand side in the Chinese market is weak. It is expected that the market price of monoammonium phosphate will remain stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on March 19, the 64% particle index of China's mainstream diammonium phosphate was 3,851.67, down; the 60% brown index was 3,460.00, stable; and the 57% content index was 3,527.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China declined slightly. In terms of factories, manufacturers have sufficient orders and continue to execute advance orders. Factory quotations are firm and transaction prices fluctuate slightly. In terms of the market, the market price was high, the trading atmosphere was slightly dull, and the overall situation was stable and consolidated within a narrow range. On the demand side, the spring plowing market has slowed down, but there is still demand; downstream factories are less enthusiastic about preparing fertilizer and are cautious about purchasing. In terms of raw materials, the prices of raw materials sulfur and phosphate rock are stable and consolidated, the prices of synthetic ammonia are weak, and the cost side is deadlocked. Overall, the current market for diammonium is flat, factories are mainly ready to go, and prices are stable. It is expected that the market price of diammonium phosphate will remain stable and consolidated in the short term.

Specific market prices in each region are as follows: