Monoammonium phosphate price index:

According to Feiduo data, on April 18, the 55% powder index of China's monoammonium phosphate was 2,906.25, down; the 55% particle index was 3,050.00, down; and the 58% powder index was 3,266.67, down.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China is being consolidated downward. On the enterprise side, new orders were under pressure, construction continued to decline, current quotations remained stable amid shrinking supply, some factories continued to implement the minimum guarantee policy, market prices continued to invert, and actual transactions continued to remain a single negotiation. In terms of the market, there is insufficient follow-up on new market orders and continues to maintain a weak operation, with limited market fluctuations. On the demand side, under the influence of the current off-season demand, there is insufficient follow-up on new downstream orders, and the demand side continues to be weak and stable. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continued to remain high and stable, the price of synthetic ammonia weakened and declined, and the cost side fluctuated and consolidated, with little change. On the whole, the current demand for monoammonium is weak, and the construction of construction continues to shrink under the condition of poor corporate orders. The current quotation is stable and consolidated. 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 April 18, the 64% particle index of China's mainstream diammonium phosphate was 3,835.00, stable; 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:

The market price of diammonium phosphate in China is stable today. In terms of enterprises, a small number of Chinese orders are currently being followed up, international export goods continue to be shipped, enterprises start operations remain at a high level, some equipment are in stock and maintenance plans, prices are being consolidated and put into operation, and the actual transaction price has stabilized and changed slightly. In terms of markets, the trends of Chinese and foreign markets are still weak, and are currently maintaining stable consolidation and operating in a volatile manner. On the demand side, the demand side is still average. The current spring plowing market is coming to an end, and there are not many remaining orders, which just needs to be followed up smoothly. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained stable at high levels, the prices of synthetic ammonia declined steadily, and the prices of raw materials fluctuated within a narrow range. Overall, the current follow-up of new foreign orders in the diammonium market is slow, the market operation is weak, and cost support is weakening. It is expected that the market price of diammonium phosphate will continue to be weak in the short term.

Specific market prices in each region are as follows: