1、 Price trend
According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1826 yuan / ton on November 29 and 1896 yuan / ton on December 5. The price of ammonium sulfate increased by 3.83% this week.
2、 Market analysis
This week, the ammonium sulfate Market stopped falling and rebounded, and the price fluctuated upward. Coking grade ammonium sulfate increased slightly, and the high level of Hexian grade ammonium sulfate was strong. The goods are acceptable in the market and purchased on demand in the downstream. For coking grade ammonium sulfate this week, the mainstream factory quotation of ammonium sulfate in Shandong is 1800-1850 yuan / ton, the mainstream factory quotation of ammonium sulfate in Hebei is 1750-1800 yuan / ton, and the mainstream factory quotation of ammonium sulfate in Shanxi is 1700-1750 yuan / ton. This week’s domestic ammonium sulfate, the factory quotation in Shandong is 2100-2150 yuan / ton.
The downstream compound fertilizer market remained stable this week without fluctuation. The prices of urea and monoammonium phosphate, the raw materials of compound fertilizer, continued to fall, and the market of potassium fertilizer remained unchanged for the time being. At present, the turnover of compound fertilizer market is limited, mainly on the sidelines, and it is expected to fluctuate slightly in the short term.
3、 Future forecast
The ammonium sulfate analyst of business society believes that although the ammonium sulfate Market is not obviously good at present, there is no inventory pressure for the time being, the manufacturers have obvious willingness to support the price, and the trading volume is acceptable. It is suggested to pay attention to the change of downstream demand, and it is expected that ammonium sulfate will operate at a high level in the short term.