SunSirs--China Commodity Data Group

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SunSirs: The Terminal's Demand for Ammonium Biphosphate is Insufficient at Present

April 19 2023 13:56:16     

On April 17th, the benchmark price of ammonium biphosphate in Shangshang Society was 3126.00 RMB/ton, a decrease of -2.92% compared to the beginning of this month (3220.00 RMB/ton).

This week, the price of ammonium biphosphate raw material weakened, resulting in a bearish cost side. At present, the performance of terminal demand is insufficient, and the procurement volume has decreased. The overall trading atmosphere in the market is poor. It is expected that the price of ammonium biphosphate will fluctuate weakly in the short term.

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