Price trend

According to the commodity market analysis system of SunSirs, the average market price of 55% powdered ammonium biphosphate in the Hubei region was 4,383 RMB/ton on June 12 and 4,440 RMB/ton on June 18; the market price rose by 1.29% over the week.

Market Analysis

Last week, the market price of ammonium biphosphate continued to trend upward with strong momentum. With raw material sulfur prices remaining high, cost support persisted, keepingammonium biphosphate market quotes firm. Manufacturers primarily focused on fulfilling existing orders, while downstream buyers purchased on an as-needed basis; overall market trading activity was robust. As of June 18, market quotes for 55% powdered ammonium biphosphate were approximately 4,420–4,450 RMB/tonne in Hubei, 4,500–4,550 RMB/tonne in Henan, and around 4,200 RMB/tonne in Sichuan.

Regarding the raw material sulfur, prices rose initially last week before falling. Following the price decline, a "wait-and-see" sentiment became evident in the market, with an overall cautious outlook prevailing. In the short term, sulfur prices are expected to fluctuate at high levels.

Market Outlook

Analysts at SunSirs observe that the market for ammonium biphosphate has recently been trending upward. Driven by cost support and tight supply, holders are firmly maintaining price levels. The market is expected to remain strong in the short term.

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