According to China Customs statistics, in February 2026, China exported a total of 2.49 million tons of various fertilizers. Among them, urea accounted for 110,000 tons, ammonium sulfate for 1.43 million tons, diammonium phosphate (DAP) for 10,000 tons, and monoammonium phosphate (MAP) for 60,000 tons.

Chempricehub's analysis:

• Urea: Bull-Bear Score: 1.5
  Exports of 110,000 tons indicate strong international demand. Combined with the upward trend in the futures market (e.g., the main contract 2605 closed at 1,877 yuan/ton, up +3.00%), this may further drive up spot and futures prices, benefiting market sentiment.

• Ammonium Sulfate: Bull-Bear Score: 2
  Exports of 1.43 million tons are substantial, reflecting robust overseas demand. This is significantly favorable for spot prices and may lead to tight market supply and price increases.

• Diammonium Phosphate (DAP): Bull-Bear Score: 0
  Exports of only 10,000 tons are minimal, having limited impact on spot prices. The market supply and demand are largely balanced, resulting in a neutral price trend.

• Monoammonium Phosphate (MAP): Bull-Bear Score: 1
  Exports of 60,000 tons reflect improved demand, supporting an increase in spot prices and benefiting market fundamentals.