SunSirs: On April 20, the price of diammonium phosphate was stable
April 21 2022 08:27:01     Trade name: diammonium phosphate(DAP)
Latest price: 3640 RMB/ton
Key points of analysis: the price of diammonium phosphate was stable on April 20, which was flat compared with the previous trading day. At present, the pending orders of diammonium are nearing the end, the focus has shifted to export, and the export orders have increased. Raw materials continue to operate at a high level, with favorable cost support and strong market of diammonium. Most enterprises still suspend quotation and mainly issue early orders. Today, the mainstream factory quotation of 64% diammonium in Hubei is 3600-3650 RMB/ton, and the actual transaction is negotiated.
Future forecast: diammonium phosphate will run at a high level in the short term.
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- 2023-10-18 SunSirs: Entering October, the Ammonium Phosphate Market Was Consolidating at a High Level (October 1-17)
- 2023-08-24 SunSirs: Expected Short-term Upward Trend in the Price of Diammonium Phosphate
- 2023-08-01 SunSirs: The Price of Ammonium Biphosphate Increased, While the Market for DAP Remained Firm (July 24-28)
- 2023-07-21 SunSirs: Sufficient Orders for Ammonium Biphosphate, Poor Demand for DAP (July 14-20)