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SunSirs: Expected Short-term Upward Trend in the Price of Diammonium Phosphate
August 24 2023 14:15:30()

Latest price of diammonium phosphate (August 23): 3825 RMB/ton, bullish in the future

Key points of analysis: Recently, the market for diammonium phosphate has been improving, with prices rising. On the 23rd, the price increased by 2.00% compared to the previous trading day.. Downstream demand has increased, and inquiries have begun to increase. At present, the supply of ammonium phosphate in the market is tight, with most manufacturers suspending orders and traders reluctant to sell. Export orders are good and prices have increased.

Future forecast: It is expected that the short-term price trend of diammonium phosphate will be strong and upward.

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