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Home - News - On April 20, the price of diammonium phosphate was stable

On April 20, the price of diammonium phosphate was stable

April 21, 2022

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.