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Market dynamics of monoammonium phosphate in Shandong

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May 24, 2023, 11:55 AM
On May 24, the trading atmosphere in the Shandong monoammonium phosphate market was weak. Large local compound fertilizer companies basically cooperated directly with monoammonium phosphate factories. Under the minimum guarantee policy, raw material purchases were followed up, and the prices of market traders were chaotic and still fell. The mainstream delivery price of 55 powder was around 2700 yuan/ton.