1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1896 yuan / ton on December 6, and 1896 yuan / ton on December 10. The price of ammonium sulfate was stable this week.

2、 Market analysis

The overall market situation of ammonium sulfate this week was temporarily stable, and prices were slightly adjusted in some areas. The supply of ammonium sulfate is stable this week. The downstream demand is weak, there is resistance to high prices, and enterprises adjust prices flexibly. The downstream procurement is not active, and the trading volume of ammonium sulfate is limited. At present, the market is deadlocked. 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 1700-1760 yuan / ton. This week’s domestic ammonium sulfate, the factory quotation in Shandong is 2100-2150 yuan / ton.

The downstream compound fertilizer market has not fluctuated much this week. The market of urea, the raw material of compound fertilizer, rose steadily, and the price of monoammonium phosphate continued to decline. At present, the compound fertilizer market is mainly stable, the demand for raw materials is insufficient, and more replenishment is required. The winter storage market is weak, and it is difficult to improve the demand for raw material ammonium sulfate in the short term.

3、 Future forecast

The ammonium sulfate analyst of business society believes that at present, the ammonium sulfate Market is not good, the downstream just needs replenishment, and the market supply and demand is balanced. However, due to the weak demand side, enterprises are under pressure to ship, and ammonium sulfate is expected to decline slightly in the short term.