# Raw materials boost, demand increases, monoammonium prices rise | ECHEMI

> The price of 55% powdered monoammonium phosphate in Hubei rose to 1880-1900 yuan per ton, and Sichuan producers raised prices by 100 yuan over two weeks. Rising phosphate rock and sulfur costs are cited as the drivers.

- Date: 2020-10-26 · published 2020-10-26T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/7133-raw-materials-boost-demand-increases-monoammonium-prices-rise-echemi
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Higher raw material costs for phosphate rock and sulfur push up the cost of phosphate fertilizers, supporting prices for DAP and related products.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- echemi.com: https://www.echemi.com/cms/125012.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.