Monoammonium phosphate price index:

According to Feiduo data, on May 20, the 55% powder index of China's monoammonium phosphate was 2,985.00, rising; the 55% particle index was 3,080.00, stable; and the 58% powder index was 3,300.00, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China was slightly increased. On the enterprise side, companies still suspend receiving orders and quoting prices because of a large amount of waiting. Currently, due to the tight spot supply, manufacturers are reluctant to sell, and the actual transaction is only negotiated. In terms of the market, the market trend continues to show an upward trend, the trading atmosphere is fair, the spot supply is tightening, and the supply of holdings is limited, resulting in the current spot price being at a high position. On the demand side, downstream compound fertilizer factories maintain just need to purchase, and follow-up efforts have slowed down compared with the previous period. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock were stable and slightly downward, while the market price of synthetic ammonia was weak and downward, and the cost was slightly adjusted, with limited volatility. On the whole, at present, monoammonium companies are reluctant to sell orders, market spot is difficult to find, and the focus of market transactions is upward. It is expected that the market price of monoammonium phosphate will continue to hold steady and upward 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 20, the 64% particle index of China's mainstream diammonium phosphate was 3,786.67, stable; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,412.50, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China is stable today. On the enterprise side, the follow-up of new orders is limited, and the company mainly ships. The quotation price has stabilized after falling. There is no new price yet, and the actual transaction has been negotiated. In terms of the market, recent market arrivals have decreased compared with the previous period, most traders are bearish, trading follow-up atmosphere is general, and the market is weak and consolidating. On the demand side, demand for corn manure is coming to an end, and domestic demand is performing flat, so we should wait and see carefully. In terms of raw materials, the prices of raw materials sulfur and phosphate rock are operating steadily and consolidating, the market price of synthetic ammonia has declined slightly, and the price on the cost side has fluctuated. On the whole, the current diammonium market atmosphere continues to be sluggish, and demand is insufficient to follow up. 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: