According to the monitoring data of business associations, the market price of ammonium sulfate dropped this month. The average price of domestic ammonium sulfate at the beginning of this month was 720 yuan/ton, and the average price of ammonium sulfate at the end of this month was 660 yuan/ton, down by 8.33%.
II. Market Analysis
Products: At present, the mainstream of ammonium sulfate in Shandong is quoted at 550-740 yuan/ton, the mainstream of ammonium sulfate in Northeast is quoted at 650 yuan/ton, the mainstream of ammonium sulfate in Henan is quoted at 600-700 yuan/ton, the mainstream of ammonium sulfate in Hebei is quoted at 600-660 yuan/ton, and the mainstream of ammonium sulfate in Shanxi is quoted at 550-600 yuan/ton. The mainstream ammonium sulfate factory quotation in East China is about 700 yuan/ton.
Industry chain: The price of domestic sulphuric acid Market in the upstream has been slightly lowered. After adjustment, the capital return of each plant is in good condition, the equipment has been repaired, the production capacity has risen, and the price has been slightly lowered in the case of upstream and downstream game. The downstream compound fertilizer market is flat, and the start-up rate has increased slightly. Environmental protection efforts have been strengthened in some areas, and compound fertilizer enterprises have been actively engaged in production to prevent production restrictions.
3. Future Market Forecast
Ammonium sulfate analysts believe that the current off-season ammonium sulfate market demand is limited, downstream cautious wait-and-see, prices at a low pull up difficult. The weak market of coking grade was consolidated, the environmental protection production restriction was intensified, and the downstream demand was sluggish, which led to the decline of the market. Lactam-grade prices are strong, mainstream exports, supply is tight. It is expected that the ammonium sulfate Market will continue to consolidate its downturn in the later period, and prices will remain weak and stable or fall.