Monoammonium phosphate price index:

According to Feiduo data, on September 26, the 55% powder index of China's monoammonium phosphate was 3,081.25, stable; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,416.67, stable.

Monoammonium phosphate market analysis and forecast:

Today, the market price trend of monoammonium phosphate in China has temporarily stabilized. On the enterprise side, after the recent downward revision of corporate quotations, new orders have increased. The shipment of some low-priced sources has improved slightly. The inventory in the early stage has basically been exhausted. The current quotation is mainly stable, and the actual transaction remains under negotiation. In terms of the market, the number of orders received in the market has increased, the supply of goods has shrunk, the atmosphere in the venue has stabilized, and a few prices have been slightly lower. The current low-end quotation is close to the cost line. On the demand side, prices were sorted out at a low level, downstream inquiries improved slightly, and purchases were followed up. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock are weak and consolidating, the market price of synthetic ammonia fluctuates slightly, and the cost price is weak and stable, with little change. On the whole, the current pre-holiday order acquisition situation in the monoammonium market has improved, and the market supply has shrunk, but most of the transactions are at the low-end. It is expected that the monoammonium phosphate market will temporarily stabilize and wait and see in the short term, with prices fluctuating at low levels, and little change before the holiday.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on September 26, the mainstream 64% particle index of diammonium phosphate in China was 3,808.33, down; the 60% brown index was 3,550.00, stable; and the 57% content index was 3,447.50, stable.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China is stable and slightly downward. In terms of enterprises, the start-up of enterprises remains high. Currently, the prices of 64% of the goods are stable, and the local market prices of 57% of the goods have been reduced within a narrow range. The overall factory quotation has not changed much. In terms of the market, the market is operating weakly and steadily. Although the current fertilizer preparation time is decreasing, downstream follow-up is limited, manufacturers have poor shipments, and the trading atmosphere is temporarily weak. On the demand side, downstream procurement enthusiasm is not good, the wait-and-see attitude is strong, and the overall transaction of new orders is weak. Only the goods are just needed, and the demand side is weak. In terms of raw materials, the market prices of raw materials sulfur and phosphate rock fell within a narrow range, the market price of synthetic ammonia remained mainly stable, and the upstream raw material side fluctuated within a narrow range. On the whole, the current diammonium market is weak, with small company shipments and poor downstream follow-up. It is expected that the market price of diammonium phosphate will continue to be stable and weak in the short term.

Specific market prices in each region are as follows: