Monoammonium phosphate price index:

According to Feiduo data, on May 30, the 55% powder index of China's monoammonium phosphate was 2,598.75, down; the 55% particle index was 2,975.00, down; and the 58% powder index was 2,993.33, down.

Monoammonium phosphate market analysis and forecast:

Today, the center of gravity of China's monoammonium phosphate market price fell, with quotes in mainstream regions falling by 50-100 yuan/ton. Observing the raw material market today: mainstream quotations for synthetic ammonia are mixed, with expectations for growth in the northern market; sulfur prices are partially stabilizing; the market price of phosphate rock in the southwest region has dropped by 50 yuan/ton. Overall, the performance on the cost side has been poor. Support for the next time, and since phosphate rock has a greater impact on the downstream, its price decline has brought a serious blow to the ammonium phosphate market. On the other hand, terminal procurement has been delayed, and today, goods in the monoammonium market are generally available and basically remain unchanged. It is expected that factory inventories will continue to be under pressure in the later period, and quotations will be reduced slightly across the board.

Specific market prices in each region are as follows:

Diammonium phosphate price index:

According to Feiduo data, on May 30, the 64% particle index of China's mainstream diammonium phosphate was 3,670.00, down; the 60% brown index was 3,300.00, stable; and the 57% content index was 2,762.50, down.

Diammonium phosphate market analysis and forecast:

Today, the market price of diammonium phosphate in China dropped sporadically, and the market continued to be weak. Among them, the price of 64 grains in Shandong fell to 3,600 - 3,750 yuan/ton, and the price of 57 primary colors fell to 2,600 - 2,700 yuan/ton. On the one hand, the terminal use of downstream corn manure has been delayed, and growers have a wait-and-see attitude and do not buy fertilizer until it is used. On the other hand, due to the weather, wheat harvest has been delayed, and most farmers have been working in other places but have not returned home. Although the current decline in compound fertilizer prices is relatively delayed, demand is unlikely to increase in the short term. The company started at a low level, and the equipment could not be repaired within a week. Like ammonium, the factory's inventory was under pressure. Companies lack confidence in the future outlook, and the center of gravity of diammonium prices continues to fall.

Specific market prices in each region are as follows: