Monoammonium phosphate price index:

According to Feiduo data, on April 7, the 55% powder index of China's monoammonium phosphate was 2,995.00, stable; the 55% particle index was 3,150.00, stable; and the 58% powder index was 3,366.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China remained stable after the holiday. In terms of enterprises, enterprises continue to implement pre-received orders, and the number of waiting orders is gradually reduced. Some enterprises have lowered their quotations to receive new orders. However, the receipts of new orders have not improved, and there is still room for price exploration. In terms of the market, market transactions are weak, prices continue to be weak and downward, operators have a bearish mentality, and the market atmosphere is operating at a low level. On the demand side, demand is still sluggish, downstream procurement still shows no obvious signs of improvement, and weak follow-up on new orders continues. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have been stable and low, while the prices of synthetic ammonia have been mixed, showing an overall trend of rising in the south and falling in the north, and the support for raw materials prices continues to be weak. On the whole, the current downstream demand for monoammonium is weak, a small number of market transactions are following up, and purchasing sentiment is sluggish. It is expected that the market price of monoammonium phosphate will continue to maintain a stable and small decline in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on April 7, the 64% particle index of China's mainstream diammonium phosphate was 3,843.33, stable; the 60% brown index was 3,460.00, stable; and the 57% content index was 3,482.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable. On the enterprise side, enterprises continue to implement advance receipts from China and foreign export orders. Currently, orders continue to be shipped. The supply of diammonium in the market is tight, prices continue to decline by a limited margin, and corporate quotations are stable and small. In terms of the market, the market trading atmosphere continued to be weak and downward, and the trading atmosphere was average. The transaction volume of new orders was weak, and the focus of transactions dropped somewhat. In terms of demand, demand in mainstream areas of the market is poor, follow-up appears to be weak, and demand is weak in the short term. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained generally stable, the prices of synthetic ammonia continued to be weak downward, the prices of raw materials fell, and cost support was weak. On the whole, orders from diammonium companies are currently being shipped one after another, the market supply is tight, downstream demand is insufficient to follow up, and cost support is weak and declining. It is expected that the market price of diammonium phosphate will stabilize and fall sharply in a short period of time, and the situation will be consolidated.

Specific market prices in each region are as follows: