On March 20, the benchmark price of monoammonium phosphate in Sunsirs was 3260.00 RMB/ton, which was -2.10% lower than that at the beginning of this month (3330.00 RMB/ton).

SunSirs ammonium phosphate analysts believe that the recent reduction in the price of raw material sulfur has weakened cost support. The new orders of monoammonium are limited, and the transactions in the market are relatively small. It is expected that the price of monoammonium phosphate will be weak in the short term and will mainly be adjusted and operated.

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