Monoammonium phosphate price index:

According to Feiduo data, on May 15, the 55% powder index of China's monoammonium phosphate was 2,953.75, stable; the 55% particle index was 3,080.00, 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 is stable. In terms of enterprises, enterprises have a large number of orders to be issued. Most orders in May have been fully received, and some can be executed until June. Supply is tightening and orders are continued to be suspended. In terms of the market, market transactions were positive and the atmosphere was relatively optimistic. There was a high atmosphere of pushing up among industry operators, and the market continued to consolidate strongly. On the demand side, downstream companies just need to continue to follow up, but there is still a need to buy fertilizer. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continued to remain stable, the market price of synthetic ammonia rose steadily, and the cost was high, with limited changes. On the whole, the current market atmosphere for monoammonium is good, and the price continues to rise. With the support of companies, the quotation is firm. It is expected that the market price of monoammonium phosphate will continue to stabilize and consolidate in a short period of time.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 15, the 64% particle index of China's mainstream diammonium phosphate was 3,790.00, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,422.00, falling.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China continues to stabilize and drop slightly. On the enterprise side, enterprises continue to implement export advance receipt and send a small amount. Some enterprises have lowered their domestic ex-factory quotations within a narrow range, and actual transactions are mostly negotiated. In terms of the market, the market has sufficient supply and is operating in a weak position. Spot and arrival prices have been slightly loosened. The mentality of operators is unstable, and the market trading atmosphere is dull. On the demand side, the corn manure market continues to decline, domestic demand orders are small, and overall demand follow-up is moderate. In terms of raw materials, the prices of raw materials sulfur and phosphate rock continued to remain stable, the market price of synthetic ammonia continued to rise, and cost support was strong. On the whole, the current diammonium market is slow to follow up, market trading conditions are poor, and the atmosphere is sluggish. It is expected that the market price of diammonium phosphate will continue to remain weak and downward in the short term.

Specific market prices in each region are as follows: