Monoammonium phosphate price index:

According to Feiduo data, on April 1, the 55% powder index of China's monoammonium phosphate was 3,055.00, 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. On the enterprise side, companies carry out more advance orders and receive more orders until the first half of the month. The focus of trading on new orders has shifted, sales continue to be under pressure, and actual transactions remain under negotiation. In terms of the market, new orders in the market were weak and the market trend was weak, and the monoammonium market was gradually entering the off-season of sales. In terms of demand, spring plowing fertilizer preparation has entered the final stage, and terminal growers have not followed up significantly on demand, so they maintain a small amount of on-demand purchases. Industrial compound fertilizer companies mainly digest inventories and are less enthusiastic about preparing raw materials. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have remained stable, the prices of synthetic ammonia have been slightly consolidated downward, and raw materials have fluctuated at high levels. Overall, the market is currently in the summer high nitrogen fertilizer production season, and there is a small demand for monoammonium. It is expected that the market price of monoammonium phosphate will continue to weaken and decline in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on April 1, the 64% particle index of China's mainstream diammonium phosphate was 3,846.67, stable; the 60% brown index was 3,460.00, stable; and the 57% content index was 3,507.50, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China is stable today. On the enterprise side, enterprises continue to implement advance receipt of surplus spring plowing and export of a small amount. Order shipment has basically ended. China's demand has entered the off-season, and enterprise ex-factory prices have remained stable. In terms of the market, diammonium export prices are expected to fall, which has not boosted the Chinese market enough and the market continues to be weak. On the demand side, terminal growers have insufficient follow-up on demand, and purchase more on demand; downstream factories continue to maintain just need to ship goods, but follow-up is poor, goods shipment is slow, and market demand performance is average. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have stabilized significantly, while the prices of synthetic ammonia have been slightly revised downward, and the prices of raw materials have not changed much. On the whole, the current diammonium market export is positive and insufficient, and China's demand continues to follow suit and weaken. It is expected that the market price of diammonium phosphate will continue to fluctuate within a narrow range in the short term.

Specific market prices in each region are as follows: