Monoammonium phosphate price index:

According to Feiduo data, on May 16, 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 continues to remain stable. On the enterprise side, companies have a large number of orders to be issued, but they are reluctant to sell, and continue to suspend orders or limit orders to receive orders. In terms of the market, supplies are scarce, traders have a strong bullish attitude, and the market maintains a positive trend. On the demand side, the utilization rate of downstream compound fertilizer production capacity continues to increase, procurement demand continues to follow up, and there is still demand. However, as prices continue to rise recently, downstream procurement has gradually become a wait-and-see attitude. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock continue to maintain high levels, the market price of synthetic ammonia continues to rise, and the cost price volatility is limited. On the whole, the current cost of monoammonium is still supported. Downstream start-up is high, and the market atmosphere continues to improve. It is expected that the market price of monoammonium phosphate will continue to be stable and consolidated in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 16, the 64% particle index of China's mainstream diammonium phosphate was 3,786.67, down; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,412.50, down.

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, companies have obvious willingness to ship. Currently, shipments are the main focus, and their quotations remain in a narrow range and are lowered. In terms of the market, the market is operating in a weak position, and supplies are arriving one after another. The mentality of the operators is unstable. The actual trading atmosphere is general, and the space for transaction negotiation is increased. On the demand side, the demand for corn manure is nearing its end, and the main need is to follow up. The purchasing mentality is cautious, the demand is running flat, and the wait-and-see atmosphere is strong. 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 be consolidated upward, and the price on the cost side remained stable at a high level. On the whole, the current diammonium market atmosphere is sluggish, the demand side is flat, and follow-up is insufficient. It is expected that the market price of diammonium phosphate will continue to be weak and downward in the short term.

Specific market prices in each region are as follows: