Monoammonium phosphate prices continue to decline

Due to the poor demand of the downstream compound fertilizer industry and the excessive increase in the previous period and the excessively high prices, the price of monoammonium phosphate has been falling since May, and there is still no obvious sign of falling.

At present, the mainstream ex-factory price of 55% powdered monoammonium phosphate has dropped to 1850 to 1950 yuan (t price, the same below). Ex-factory price is less than 2,000 yuan, and the minimum ex-factory price has reached around 1800 yuan.

Market participants expect that due to the high prices of raw materials such as phosphate rock and synthetic ammonia, the production cost of monoammonium phosphate will increase substantially compared with the same period of last year. Currently, the ex-factory price of 1,800 yuan has reached a lot of monoammonium phosphate production enterprises. The bottom line of the cost of small-scale production companies. From the perspective of production costs, there is little room for the price of monoammonium phosphate to continue to fall. With the start of compound fertilizer production in August, the demand for monoammonium phosphate has increased and the monoammonium phosphate price is expected to stabilize.

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