Monoammonium phosphate price index:

According to Feiduo data, on April 17, the 55% powder index of China's monoammonium phosphate was 2,931.25, stable; the 55% particle index was 3,150.00, stable; and the 58% powder index was 3,283.33, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to remain stable. On the enterprise side, enterprises continue to implement the minimum guarantee policy. Currently, many new policies have been introduced, and many factory units have been suspended for maintenance. Industry supply has been reduced, and supply continues to shrink. In terms of the market, the industry is temporarily stabilizing and waiting, the overall trading atmosphere is flat, the market is operating steadily, and the market is difficult to change in a short period of time. On the demand side, the demand side is still weak, with a limited number of new orders being followed up, the start-up of downstream compound fertilizers continues to decline, the procurement of raw materials is slowing down, and high-priced transactions are weak. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remain high and volatile, the prices of synthetic ammonia are weak, and there is no significant decline in costs. On the whole, the current monoammonium market is operating slowly, downstream follow-up is limited, and enterprises have stopped production and reduced production of more units. It is expected that the market price of monoammonium phosphate will remain stable and slightly downward in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on April 17, the 64% particle index of China's mainstream diammonium phosphate was 3,835.00, down; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,465.00, stable.

Diammonium phosphate market analysis and forecast:

Today's market price fluctuations of diammonium phosphate in China are sorted out. On the corporate side, companies continue to ship goods for export and a small amount of domestic sales. Chinese factory quotations are temporarily stable, and actual transactions remain at a single negotiation. In terms of the market, spot prices in some markets pushed up within a narrow range, and market operations were organized within a narrow range with little fluctuations. On the demand side, domestic demand has come to an end, and the downstream of China's spring plowing market is just in need of follow-up. Traders have stabilized prices and shipped goods, and the demand-side transaction atmosphere is stable. In terms of raw materials, the high prices of raw materials sulfur and phosphate rock supported them, the high prices of synthetic ammonia made up for the decline, and the raw material market fluctuated with limited fluctuations. On the whole, the current supply of some diammonium phosphate market is tight, and spot prices have increased slightly. However, company quotations are currently stable and China continues to implement foreign advance receipts. It is expected that the market price of diammonium phosphate will consolidate in a short period of time.

Specific market prices in each region are as follows: