May 19 News
On May 19, Baitian Co., Ltd. stated that the company's proprietary nitric acid process for producing nitrophosphate and other products significantly reduces dependence on sulfur and sulfuric acid, thereby mitigating raw material price fluctuations. Any future capacity expansion will continue to adopt this technological route.

Chempricehub Comments on Monoammonium Phosphate (MAP):
Bullish/Bearish Score: -0.5
Baitian's adoption of the nitric acid process for phosphate fertilizer production substantially lowers raw material costs and buffers against price volatility. Future capacity additions will follow the same technology, weakening cost support on the supply side. This exerts a slightly bearish impact on spot MAP prices, adding downward pressure.

Sulfur:
Bullish/Bearish Score: -1
Baitian’s proprietary process significantly reduces reliance on sulfur, and all future capacity expansions will use this technology. This implies a contraction in downstream sulfur demand expectations, generating a moderately bearish effect on spot sulfur prices.

Sulfuric Acid:
Bullish/Bearish Score: -1
Baitian’s proprietary process greatly lowers dependence on sulfuric acid, with future capacity expansions adopting the same method. This leads to an anticipated decline in downstream sulfuric acid demand, exerting a moderately bearish influence on spot sulfuric acid prices.