March 19th — Recently, the domestic phosphate fertilizer export control policy has entered the implementation phase. Market sources indicate that from March 14th to August, exports of mainstream phosphate fertilizer varieties such as monoammonium phosphate (MAP) and diammonium phosphate (DAP) have been suspended. Leading domestic phosphorus chemical enterprises, including Yuntianhua, Xingfa Group, and Xinyangfeng, have simultaneously halted export declarations and shipments of these phosphate fertilizer products.

Chempricehub Analysis
Monoammonium Phosphate (MAP), Bull-Bear Score: -2
The export suspension policy, effective from March 14th to August, has completely halted exports of MAP as a mainstream phosphate fertilizer variety. Domestic industry leaders such as Yuntianhua have ceased declaration and shipment activities, leading to a significant increase in domestic supply while demand has contracted due to export restrictions. This will exacerbate the oversupply situation in the domestic market, exerting substantial downward pressure on spot prices. A sharp decline in prices is anticipated in the short term.

Diammonium Phosphate (DAP), Bull-Bear Score: -2
The policy explicitly suspends exports of DAP and other phosphate fertilizers, with leading enterprises concurrently halting export activities. The surge in domestic supply coupled with the disappearance of external demand has raised concerns about market oversupply. Spot prices, influenced by this bearish factor, face the risk of sustained declines, and inventory accumulation may further depress market quotations.