Monoammonium Phosphate Ups And Downs Forecast

The latest price (2022-04-20): 3625 CNY/ton

Analysis points:

On April 20, the price of monoammonium phosphate was stable, which was unchanged from the previous trading day. Today, the price of raw material sulfur increased, the price of raw material phosphate rock was stable, and the cost side continued to be under pressure. The downstream purchases on demand, and the transaction volume on the market is average. Some companies suspend quotations, accept a small number of orders, and mainly issue pre-orders. Today, the mainstream factory price of 55 powder ammonium in Henan is about 3550 CNY/ton, and the mainstream factory price of 55 powder ammonium in Anhui is about 3700 CNY/ton. The actual transaction can be negotiated.

Market outlook forecast:

In the short term, the price of monoammonium phosphate has been rising steadily.