Monoammonium phosphate price index:

According to Feiduo data, on April 24, the 55% powder index of China's monoammonium phosphate was 2,881.25, down; the 55% particle index was 3,050.00, stable; and the 58% powder index was 3,266.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China continues to stabilize and consolidate downward. In terms of enterprises, enterprises are implementing a small amount of production, and some factories continue to implement the minimum guarantee policy. There has been no significant change in prices. Most enterprises have recently declined in installation starts, and industry supply has shrunk. In terms of the market, the market trend is still weak, a small amount of goods is circulating, and trading is still flat. On the demand side, the spring plowing market is in the final stage. The summer corn manure market just needs a small amount of follow-up, but downstream demand continues to follow up, so a small amount of procurement is maintained. In terms of raw materials, the prices of raw materials sulfur and phosphate rock remained generally stable, the synthetic ammonia market was mostly stable, and costs fluctuated steadily downward. On the whole, the current low-cost supply of monoammonium in the market is gradually decreasing, the factory continues to implement the minimum guarantee policy, and the quotation has not changed significantly. It is expected that the market price of monoammonium phosphate will continue to be weak in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on April 24, 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:

Today, the market price of diammonium phosphate in China continues to remain stable. In terms of enterprises, among the export orders and domestic advance shipments, the current focus is mostly on export shipments. There is no obvious sales pressure, and most of the quotations are stable and consolidated. In terms of the market, demand in China and international markets is average, follow-up is limited, and the market is operating steadily. On the demand side, the demand for spring plowing has entered the final stage. Summer corn fertilizer needs to be followed up cautiously. The current price is high, and downstream purchasing mentality is cautious, so wait and see. In terms of raw materials, the prices of raw materials sulfur and phosphate rock are stable and fluctuating, the prices of synthetic ammonia are weak and consolidating, and the fluctuations in cost prices are limited. On the whole, currently diammonium companies are implementing most early Chinese and foreign orders, following up on a small number of new orders, and following up on a small number of demands cautiously. It is expected that the market price of diammonium phosphate will continue to consolidate in a short period of time.

Specific market prices in each region are as follows: