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Diammonium Phosphate Market Trends in Yunnan

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July 12, 2023, 1:48 PM
July 12: The diammonium phosphate market trend in Yunnan is weak, China's downstream demand has been suspended, low costs have weak support for the market, and Hubei and other companies have more flexible price adjustments. Yunnan companies have followed the market and lowered their prices within a narrow range, with 64% of them arriving in North China. The price reached 3500 yuan/ton, and the actual transaction was negotiated. In the short term, demand follow-up is slow and the price difference with Hubei factory is large. It is expected that there will still be room for adjustment.