Monoammonium phosphate price index:
According to Feiduo data, on January 24, the 55% powder index of China's monoammonium phosphate was 3,137.50, stable; the 55% particle index was 3,250.00, stable; and the 58% powder index was 3,383.33, stable.
Monoammonium phosphate market analysis and forecast:
Today, the market price of monoammonium phosphate in China is weak and stable. In terms of enterprises, companies have traded a small number of new orders, and sales have continued to increase. Some companies have lowered their ex-factory prices or introduced relevant policies, and received a small number of orders. In terms of the market, the market continues to operate in a weak position, the trading atmosphere is sluggish, and actual transactions continue to be negotiated. On the demand side, the demand side is still weak, and the intention to purchase downstream compound fertilizer raw materials is weak. Only a small amount of on-demand goods is maintained, and new orders are relatively limited. In terms of raw materials, the prices of raw materials sulfur and synthetic ammonia have been consolidated and put into operation. The supply of phosphate rock remains tight, and the support for raw materials is weak. On the whole, the current monoammonium market is poor and downstream demand is flat. It is expected that the market price of monoammonium phosphate will continue to be weak and consolidated in a short period of time.
Specific market prices in each region are as follows:
Diammonium phosphate price index:
According to Feiduo data, on January 24, the 64% particle index of China's mainstream diammonium phosphate was 3,851.67, down; the 60% brown index was 3,450.00, stable; and the 57% content index was 3,522.50, stable.
Diammonium phosphate market analysis and forecast:
Today, the market price of diammonium phosphate in China continues to hold steady. In terms of enterprises, enterprises mainly implement advance orders, and there is no significant fluctuation in ex-factory quotations. The actual transactions are mainly negotiations. At present, traders have an unstable mentality and prices appear to be chaotic. In terms of the market, the market is weak, the market is constantly declining, and prices are weak and stable. On the demand side, the downstream mentality is cautious and wait-and-see, and the trading atmosphere is flat. Demand in the mainstream winter reserve market is light, and trading is basically stagnant, and a small amount is just needed to follow up. In terms of raw materials, the market for raw material sulfur continues to fall, the price of synthetic ammonia rises slightly, the supply of phosphorus rock is still tight and the price is rising, and cost support is weak. On the whole, the current market for diammonium phosphate is basically stagnant, and demand follow-up is limited. It is expected that the market price of diammonium phosphate will continue to be weak in the short term.
Specific market prices in each region are as follows:
