Price trend

According to the commodity market analysis system of SunSirs, the average domestic market price of 55% powdered ammonium biphosphate was 3,843 RMB/ton on February 6 and 3,846 RMB/ton on February 13. The market price of ammonium biphosphate rose by 0.09% this week.

Market Analysis

The ammonium biphosphate (MAP) market saw slight consolidation this week. Downstream demand remained weak, with most transactions focused on fulfilling pending orders. As of February 13th, the market price for 55% MAP powder was approximately 3,840-3,900 RMB/ton in Hubei province, 3,900-3,950 RMB/ton in Henan province, and 3,750-3,850 RMB/ton in Sichuan province. 

Regarding raw material sulfur: The sulfur market remained stable before the holiday, but market activity weakened, trading volume decreased, and downstream demand was mainly focused on restocking for immediate needs. As of February 13th, the reference price for sulfur in Shandong was around 3,833 RMB/ton.

Market Outlook

According to analysts at SunSirs, the ammonium biphosphate (MAP) market has seen a narrow range of adjustments recently. As of February 13th, orders were mainly pending shipments, and costs remained a supportive factor. Market activity weakened ahead of the holiday. The MAP market is anticipated to be stable in the short term.

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