Monoammonium phosphate price index:

According to Feiduo data, on March 21, the 55% powder index of China's monoammonium phosphate was 3,093.75, down; 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 declined slightly. On the enterprise side, enterprises are ready to support, prices remain stable, and transactions remain flexible. In terms of the market, market trading continued to be flat, with a small number of new orders following up, goods moving slowly, and transaction prices loosened slightly. On the demand side, the downstream compound fertilizer market is unstable, and the purchase demand for raw materials is weak. The demand side has followed up generally and continues to be used as soon as possible. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continued to fluctuate, the price of synthetic ammonia increased slightly, and the cost trend remained firm. On the whole, the current number of monoammonium transactions is small, the market is running flat, and there is no positive support for the price upward. It is expected that the market price of monoammonium phosphate will remain stable and 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 21, the 64% particle index of China's mainstream diammonium phosphate was 3,851.67, stable; the 60% brown index was 3,460.00, stable; and the 57% content index was 3,520.00, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable and consolidated. On the enterprise side, the enterprise continues to execute pending orders. With the support of pending orders, the quotation is stable and the enterprise is under less pressure. In terms of the market, the market continued to operate in a weak and stable manner, with few transactions, average trading, and stable and weak fluctuations. In terms of demand, the spring plowing market stocks are small, but they are still stored when needed; downstream factories use them as they are, and they need to follow up in a small amount, so they are less willing to reserve. In terms of raw materials, the price ranges of raw materials sulfur and phosphate rock have been consolidated and operated, the price of synthetic ammonia has increased slightly, and the raw material market has fluctuated within a narrow range. Overall, the current diammonium phosphate market is still in need, but a small amount of follow-up has been followed up, and the overall shipment is slow. It is expected that the market price of diammonium phosphate will continue to be weak in the short term.

Specific market prices in each region are as follows: