March 23 — According to the Jingmen Municipal Bureau of Economy and Information Technology, Jingmen City has completed the elimination and dismantling of the 80,000-ton-per-year monoammonium phosphate (MAP) production facility of Chuzhong Phosphating Co., Ltd. in Zhongxiang City, and the project has passed provincial-level acceptance.

Chempricehub's analysis of monoammonium phosphate (MAP) shows a bullish-bearish score of 1. The elimination and dismantling of the 80,000-ton-per-year MAP production facility of Chuzhong Phosphating Co., Ltd. in Zhongxiang City, Jingmen, will lead to a reduction in market supply. As a raw material for fertilizers, the demand for MAP remains relatively stable. The contraction in supply is expected to drive up spot prices, which is favorable for the market. Score +1 (moderately bullish), based on the positive price impact driven by the reduction in supply.