Monoammonium phosphate price index:

According to Feiduo data, on March 26, the 55% powder index of China's monoammonium phosphate was 3,067.50, 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 is stable and slightly reduced. On the enterprise side, enterprises continue to implement advance orders. Some enterprises have poor shipments, pressure on sales, increasing inventory pressure, unstable mentality, and a decline in actual transaction focus. In terms of the market, the market trading atmosphere was weak, new orders were weak, the focus of transactions continued to decline, and the market continued to operate in a weak position. On the demand side, downstream demand has not been followed up sufficiently, and the overall situation is still weak, with only a small amount of purchases just needed. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained stable and slightly consolidated, while the price of synthetic ammonia continued to rise, with strong cost support. Overall, the current demand for monoammonium is weak, and downstream enthusiasm for obtaining goods is not good. It is expected that the market price of monoammonium phosphate will be stable and weak 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 26, 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 3,512.50, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China is stable today. On the corporate side, companies still mainly ship orders to be issued, ex-factory prices are stable, some transactions have dropped, and the corporate mentality is weak. In terms of the market, the market trading atmosphere continues to be flat and continues to maintain a stable and weak consolidation. The sentiment of industry operators continues to be pessimistic, and the speculation atmosphere is low in the short term. On the demand side, terminal demand for fertilizer purchases has been suspended, and downstream procurement operations are not enthusiastic. Most of them are just in need of making up orders, and the mentality of buying up but not buying down appears. In terms of raw materials, the prices of raw materials sulfur and phosphate rock fluctuated slightly, while the price of synthetic ammonia continued to rise, and raw material support strengthened. Overall, the current mood of diammonium industry is pessimistic and prices are weak. It is expected that the market price of diammonium phosphate will continue to stabilize and fluctuate downward in a short period of time.

Specific market prices in each region are as follows: