Monoammonium phosphate price index:

According to Feiduo data, on September 24, the 55% powder index of China's monoammonium phosphate was 3,081.25, down; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,416.67, down.

Monoammonium phosphate market analysis and forecast:

Today, the market price of monoammonium phosphate in China was weakened and lowered. On the enterprise side, new orders are limited, company shipments are under pressure, operating rates are declining, current quotations are still chaotic, some of them have implemented minimum guarantee policies, sporadic low prices continue to appear in the market, traders 'prices are low, and actual transactions remain at a single negotiation. In terms of the market, the market continues to operate weakly, with the market depressed, new orders in the market are weak, trading is under pressure, individual low prices continue to appear, and market pessimism has intensified. On the demand side, demand is still sluggish, new orders continue to be under pressure, downstream compound fertilizers mainly absorb their own inventory, plant start-up load continues to decline, and the ability to purchase raw materials is limited. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock remained generally stable, the market price of synthetic ammonia was adjusted within a narrow range, and the cost aspect changed little. Overall, the current atmosphere in the monoammonium market is sluggish, the follow-up of new orders is not good, and the market is weak. It is expected that the monoammonium phosphate market will continue to be weak and downward in the short term.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on September 24, the mainstream 64% particle index of diammonium phosphate in China was 3816.67, stable; the 60% brown index was 3550.00, stable; and the 57% content index was 3455.00, stable.

Diammonium phosphate market analysis and forecast:

The market price of diammonium phosphate in China continues to remain stable today. On the enterprise side, most companies can implement advance orders until mid-to-late October. There is no inventory and sales pressure. The industry starts to remain high and the price is optimistic. In terms of the market, the fertilizer preparation time in autumn has been shortened, the enthusiasm for downstream procurement is low, the mentality of operators is not good, and the market is mainly consolidating. On the demand side, with the shortening of fertilizer preparation time, the downstream follow-up atmosphere has improved slightly, but the overall procurement enthusiasm is still not good, the downstream procurement enthusiasm is not high, domestic sales are weak and stable, and the overall demand performance is weak. In terms of raw materials, the market for raw materials sulfur and phosphate rock has temporarily stabilized, the market for synthetic ammonia has steadily pushed up, and costs have remained weak and volatile in a narrow range. On the whole, the current circulation of goods in the diammonium market has improved, and the market is consolidating with little change. It is expected that the diammonium phosphate market will continue to maintain stability in the short term, and the focus of transactions may still decline slightly.

Specific market prices in each region are as follows: