Monoammonium phosphate price index:

According to Feiduo data, on May 13, China's 55% powder index of monoammonium phosphate was 2,937.50, rising; the 55% particle index was 3,050.00, stable; and the 58% powder index was 3,266.67, rising.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China has been raised again. In terms of enterprises, companies received better orders last week, followed up with new orders, and were pending until the end of this month. Some can be implemented until the end of June. There is a large amount of pending orders. The current quotation is firm, so many orders are suspended. In terms of the market, the market trading atmosphere is relatively good, the supply side continues to tighten, and the focus of actual market transactions has shifted upward. On the demand side, downstream companies continue to need procurement, and compound fertilizer companies continue to follow up, resulting in strong demand support. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are firm, the market prices of synthetic ammonia are rising, and costs continue to rise. On the whole, there are currently a large number of monoammonium companies in the pipeline, high costs support upward, and good demand follow-up. It is expected that the market price of monoammonium phosphate will continue to stabilize and increase slightly in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 13, the 64% particle index of China's mainstream diammonium phosphate was 3,793.33, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,425.00, falling.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to stabilize and decrease slightly. On the enterprise side, companies are waiting to reduce their sales, follow-up on new orders is not good, corporate inventory pressure has increased, mainstream quotations have shown a downward trend, and market prices have been weakened and lowered. In terms of the market, a small number of Chinese markets just need to follow up, and the atmosphere is weak; international prices have fallen, the atmosphere for export trading has become weak, and the international market is weak. On the demand side, domestic demand is flat, and the mainstream corn manure market just needs a small amount of follow-up, but the demand side is cautiously following up. In terms of raw materials, the prices of raw materials sulfur and phosphate rock are consolidating, and the synthetic ammonia market is well followed up. The price is high, and the cost support is still strong. On the whole, the current downstream follow-up situation in the diammonium market is not good, companies are weak in acquiring new orders, and quotations have been lowered. It is expected that the market price of diammonium phosphate will remain weak and stable in the short term.

Specific market prices in each region are as follows: