Monoammonium phosphate price index:

According to Feiduo data, on March 20, 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. On the enterprise side, enterprises continue to execute pending orders, and prices continue to operate steadily with pending support. The actual transaction is negotiated. Currently, some enterprises have export declarations at the port, and the inventory of ammonium at the port is increasing. On the market side, trading in the Chinese market is still weak, market supply is operating at a high level, and downstream sentiment is wait-and-see. On the demand side, demand has followed up generally. Downstream compound fertilizer factories have unstable shipments, procurement demand for raw materials has been weak, and the focus of transactions has shifted downward. In terms of raw materials, the prices of raw materials sulfur and phosphate rock fluctuated, the price of synthetic ammonia increased slightly, and the cost trend was firm. On the whole, the current Chinese market for monoammonium is operating smoothly, with some companies exporting to Hong Kong. It is expected that the market price of monoammonium phosphate will be mainly consolidated in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on March 20, 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 3,520.00, down.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China declined slightly. In terms of enterprises, corporate prices are firm and stable, and advance receipts are mostly implemented. There is no inventory pressure, and factory quotations are stable, with no significant changes. In terms of the market, market supply has increased, prices have stabilized and fluctuated within a narrow range, China has a wait-and-see attitude, some goods have been exported to the port, and export work has begun one after another. However, the current international price trend is downward, and exports have a weak impact on price changes. On the demand side, the downstream sector continues to focus on replenishment, with a wait-and-see purchasing mentality, and use it as it is, and demand is followed up and slowed down. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have been consolidated and put into operation, the price of synthetic ammonia has increased, and the cost side has become deadlocked. On the whole, China's current demand for diammonium is high and low, and international prices are short. It is expected that the market price of diammonium phosphate will remain stable and consolidate downward in the short term.

Specific market prices in each region are as follows: