1、 Price trend

On June 18th, the average market price of domestic grade ammonium sulfate was 1463 yuan/ton, which was 2.66% lower than the average market price of 1503 yuan/ton on June 12th.
2、 Market analysis
supply and demand situation
This week, the domestic ammonium sulfate market has shown divergent trends, with coking grade ammonium sulfate prices slightly rising and domestic grade ammonium sulfate continuing to decline. The operating rate of internal level equipment has decreased, and the market supply has decreased. This week, the international urea market weakened, which indirectly bearish the ammonium sulfate market. At present, the demand for ammonium sulfate in domestic and international markets is weak, and downstream procurement is mainly based on demand. The export market needs to be released.
market situation
As of June 18th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1100 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1410-1470 yuan/ton.
3、 Future forecast
Analysts believe that the recent trend of the ammonium sulfate market is mainly downward. At present, the market is dominated by negative factors, with a light trading atmosphere and a poor international urea market. It is expected that the short-term ammonium sulfate market will be weak and volatile.