Monoammonium phosphate market began a new round of gains

June 23, 2024

Recently, the monoammonium phosphate market has begun a new round of rise, and the market supply is still tight. Due to the rising prices of compound fertilizers, the proportion of monoammonium phosphate in some enterprises has only increased, and the export demand has increased, which also has a certain pulling effect on the market. The mainstream price of 55% powdered ammonium monoammonium is reported to be 2450-2500 yuan/ton. After a period of adjustment, a part of the ammonium industry started or planned to take orders after the National Day holiday.

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