Monoammonium phosphate price index:

According to Feiduo data, on May 21, the 55% powder index of China's monoammonium phosphate was 3,006.25, rising; the 55% particle index was 3,080.00, stable; and the 58% powder index was 3,333.33, rising.

Monoammonium phosphate market analysis and forecast:

The market price of monoammonium phosphate in China continues to increase slightly today. On the enterprise side, enterprises still have support when they are ready to go. They will stop receiving orders and suspend quotations, and their mentality will be firm under the support of waiting. In terms of the market, the market's push-up atmosphere remains unabated, and the mentality of operators is firm. Recently, industry supply has increased, which has a certain degree of negative impact on the market. On the demand side, agricultural summer fertilizers have entered the late stage of fertilizer use, and some of them are still in demand, and most purchases are maintained, and follow-up has slowed down slightly. In terms of raw materials, the focus of market transactions for raw materials sulfur and phosphate rock has shifted downward, the market price of synthetic ammonia has been consolidated downward, and the cost has declined within a narrow range. On the whole, the current negative cost and supply of monoammonium has affected the market, but companies are still waiting to go, and the market can be firm for some time. It is expected that the market price of monoammonium phosphate will remain stable and fluctuate slightly in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 21, the 64% particle index of China's mainstream diammonium phosphate was 3,776.67, down; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,387.50, down.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China dropped slightly today. On the enterprise side, a small number of new orders have been followed up. Currently, shipments are mainly due to, and no new prices have yet been made. The actual transaction is a single discussion. In terms of the market, market arrivals have decreased compared with the previous period, and the overall weakness is consolidating. Operators have poor expectations for the future outlook, so they are more cautious and wait and see. The trading atmosphere is flat, and the market situation is waiting and see. On the demand side, the market transaction atmosphere is flat. Summer fertilizer has entered the final stage. A small amount of corn fertilizer just needs to be replenished. The demand is flat and continues, and a small amount of domestic demand just needs to be replenished. In terms of raw materials, the prices of raw materials sulfur and phosphate rock have stabilized and declined to a small extent, the market price of synthetic ammonia has been consolidated downward, and the cost side has weakened and fell. Overall, the current diammonium market is weak and consolidating, demand is weak to follow up, and cost support is weakening. 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: