Domestic ammonium phosphate market

The elimination of export tariffs by chemical fertilizers is positive in the long-term. However, in the short-term, the purchasing mentality of downstream compound fertilizer raw materials is more wait-and-see, and small amount of monoammonium is traded. In 2019, the zero-tariff export policy for diammonium exports was favorable. In the later period, the international market still looked at changes in supply and demand. The current FOB price in China is $403-$405 /ton.