Monoammonium phosphate price index:

According to Feiduo data, on March 27, the 55% powder index of China's monoammonium phosphate was 3,067.50, 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 is stable and consolidated. On the enterprise side, enterprises continue to implement pre-received orders, insufficient follow-up on new orders, sales are under pressure, quotations are stable and declining, and actual transactions are still under negotiation. In terms of the market, the market is showing signs of fatigue. New orders are weak and will continue to be weak in the short term. Market transaction prices have declined. On the demand side, downstream demand is weak, procurement of compound fertilizer factories has slowed down, enthusiasm for purchasing raw materials has weakened, follow-up on new orders in the market has been limited, and the focus of transactions has declined. In terms of raw materials, the prices of raw materials sulfur and phosphate rock maintained a small range consolidation, the price of synthetic ammonia continued to rise, and raw materials increased steadily. On the whole, although the current cost of monoammonium continues to increase at a high level, the market demand is weak and the market is weak. It is expected that the market price of monoammonium phosphate will continue to be weak and stable in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on March 27, the 64% particle index of China's mainstream diammonium phosphate was 3,846.67, down; 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:

Today, the market price of diammonium phosphate in China is stable and slightly lowered. On the enterprise side, enterprises continue to implement pre-received orders, suspend orders for domestic sales, keep quotations stable, and distribute goods from ports to ship goods, which has alleviated inventory pressure. In terms of the market, the trading atmosphere in the Chinese market is general, continuing to weaken, new orders are weak, and the mood continues to be weak. On the demand side, domestic demand is insufficient to follow up, agricultural demand is slow to purchase; downstream industrial factories have performed average replenishment. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have been slightly consolidated, the prices of synthetic ammonia have continued to rise, and raw materials have risen within a narrow range. On the whole, the current diammonium market in China is insufficient to follow up, and companies are exporting goods to Hong Kong. It is expected that the market price of diammonium phosphate will continue to stabilize and moderate downward in a short period of time.

Specific market prices in each region are as follows: