Monoammonium phosphate price index:

According to Feiduo data, on April 8, the 55% powder index of China's monoammonium phosphate was 2,931.25, down; the 55% particle index was 3,150.00, stable; and the 58% powder index was 3,300.00, down.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China has been consolidated downward. On the enterprise side, enterprises still hold some pre-received orders, and have suspended quotations or lowered them slightly. Under pressure on corporate sales, low-end sources of goods continue to appear in the market. In terms of the market, the market trend is still weak, low-end quotes continue to appear, prices appear chaotic, and the focus of transactions continues to decline. On the demand side, the follow-up of demand is not good. Industrial downstream compound fertilizer factories are cautious in preparing fertilizer, starting a decline, and purchasing mentality is temporarily wait-and-see. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have not changed, the overall price of synthetic ammonia has dropped significantly, and the price of raw materials has been weakened. On the whole, the current quotations of monoammonium companies are stable and declining, the downstream continues to be weak in follow-up, and the market transaction atmosphere is weak. It is expected that the market price of monoammonium phosphate will continue to decline in a short period of time, making it difficult to move upwards.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on April 8, 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 continues to remain stable. On the enterprise side, the enterprise continues to implement China's advance receipt and export orders, with slight fluctuations in construction while the construction starts are stable. There is no significant change in the quotation, and the actual transaction is still dominated by negotiation. In terms of the market, the atmosphere for local goods in the market improved after the holiday. Traders shipped goods at high prices, and most downstream companies just needed to make up orders to follow up, and the market consolidated. On the demand side, after the holiday, a small amount of market needs to be released, and downstream purchases have followed up one after another. Confidence in transaction has recovered slightly, and the market has recovered slightly. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remain stable, the prices of synthetic ammonia are weak, and the support for high raw material prices is weak. On the whole, the current new orders of diammonium companies are getting better, the market circulation is improving, and the atmosphere is getting warmer. It is expected that the market price of diammonium phosphate will stabilize and fluctuate in a short period of time.

Specific market prices in each region are as follows: