Phosphate Fertilizer Production and Operating Rate in August 2023

Monoammonium Phosphate Production:
In August 2023, the domestic production of monoammonium phosphate was approximately 1.0856 million tons, an increase of 164,500 tons from the previous month, up 17.86% month-on-month, and up 84.12% year-on-year. From January to August 2023, the cumulative production of monoammonium phosphate was 6.6413 million tons.

Monoammonium Phosphate Operating Rate:
In August 2023, the operating rate of the domestic monoammonium phosphate industry was approximately 61.91%, an increase of 2.91% month-on-month, and an increase of 24.84% year-on-year. The average operating rate of the monoammonium phosphate industry from January to August 2023 was approximately 53.05%.

Diammonium Phosphate Production:
In August 2023, the domestic monthly production of diammonium phosphate was approximately 1.436 million tons, an increase of 83,400 tons from the previous month, up 6.17% month-on-month, and up 68.9% year-on-year. From January to August 2023, the cumulative production of diammonium phosphate was 9.2226 million tons.

Diammonium Phosphate Operating Rate:
In August 2023, the operating rate of the domestic diammonium phosphate industry was approximately 62.83%, a decrease of 3.74% month-on-month, but an increase of 22.4% year-on-year. The average operating rate of the diammonium phosphate industry from January to August 2023 was approximately 57.8%.