Market dynamics of diammonium phosphate in Hubei
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July 13, 2023, 3:04 PM
July 13: The quotations of diammonium phosphate companies in Hubei have temporarily stabilized. Recently, the prices of raw materials sulfur and synthetic ammonia have increased within a narrow range, and costs have increased upward. The company still has some exports to be ready. While continuing to ship export orders, China's downstream fertilizer preparation has been suspended. The company's quotation has not been adjusted yet, but the export price is lower than the Chinese market price, and the downstream expectation for 64% is low. In the short term, there is still some room for downward prices.