SunSirs: Driven by Rising Costs, Prices for Ammonium Biphosphate Rose During the First Half of May

Trend Analysis

According to the SunSirs Commodity Market Analysis System, the average market price for 55% powdered ammonium biphosphate  in the Hubei region stood at 4,333 RMB/ton on May 15. This compares to an average price of 4,250 RMB/ton on May 1, marking a 1.96% increase in ammonium biphosphate market prices during the first half of May.

Market analysis

During the first half of May, market prices for ammonium biphosphate continued their upward trend. Raw sulfur prices remained at elevated levels and continued to rise, maintaining persistent cost pressures. Some manufacturers focused on fulfilling previously secured orders, while distributors raised their quoted prices. Operating rates among phosphate fertilizer producers declined, resulting in reduced market supply, while downstream demand simultaneously weakened. As of May 15, market quotes for 55% powdered ammonium biphosphate stood at approximately 4,250–4,400 RMB/ton in the Hubei region, 4,350–4,450 RMB/ton in the Henan region, and around 4,200 RMB/ton in the Sichuan region.

Regarding raw material sulfur: during the first half of May, sulfur prices demonstrated firm upward momentum. Recently, trading activity in the sulfur market has intensified, with downstream demand continuing to keep pace; consequently, prices are expected to maintain a predominantly upward trend in the short term. As of May 15, the benchmark price for sulfur in the Shandong region stood at approximately 7,583 RMB/ton.

Market Outlook:

Analysts at SunSirs specializing in ammonium biphosphate observe that market trends for ammonium biphosphate have recently been predominantly upward. As of May 15, sulfur—a key raw material—remained at elevated price levels, exerting significant cost pressure; this situation was further compounded by tight spot market supplies. Consequently, the ammonium biphosphate market is expected to continue its consolidating upward trajectory in the short term.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.