1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China was 581 yuan / ton on June 1, 576 yuan / ton on June 5, and the price fell 0.86% this week.

On June 5, the ammonium sulfate commodity index was 48.26, unchanged from yesterday, 54.59% lower than the highest point 106.28 (2012-05-24), and 31.68% higher than the lowest point 36.65 on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

The price of ammonium sulfate in China fell slightly this week due to weak demand and poor trading. About 490-650 yuan / ton for mainstream ammonium sulfate in Central China, 500-560 yuan / ton for mainstream ammonium sulfate in Henan, 470-630 yuan / ton for mainstream ammonium sulfate in Hebei, 520-590 yuan / ton for mainstream ammonium sulfate in Shandong, 500-650 yuan / ton for main ammonium sulfate outflow in East China, 470-650 yuan / ton for mainstream ammonium sulfate in North China, and 470-650 yuan / ton for Northeast China The factory quotation of ammonium sulfate mainstream is 520-650 yuan / ton.

This week, the market of downstream compound fertilizer enterprises is still sluggish, and there is no significant change in demand. Corn fertilizer started to be used, but the demand was limited. The price of compound fertilizer raw materials is poor, and the cost support is limited. The compound fertilizer enterprises hold a wait-and-see attitude and will operate weakly and stably in the short term.

3、 Future forecast

Analysts of ammonium sulphate of business association think that at present, the trading of coking grade ammonium sulphate is not good, the demand is reduced, and the market is weak. The weakness of domestic ammonium sulfate continues, the market is not optimistic, and the price is stable and down. It is expected that the price of ammonium sulfate will fluctuate slightly in the short term.