Transaction turned weak. In May, the price of ammonium sulfate fell violently (5.1-5.31)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1813 yuan / ton on May 1, and 1720 yuan / ton on May 31. The price of ammonium sulfate fell by 5.15% this month.

 

2、 Market analysis

 

The price of ammonium sulfate fell after stable fluctuation this month. In the first half of May, the ammonium sulfate market fluctuated at a high level, and the market price rose slightly. As ammonium sulfate continued to rise before the festival, ammonium sulfate inquiries increased after the festival. Downstream enterprises and dealers are mainly cautious. The bidding price of coking grade ammonium sulfate enterprises was slightly adjusted, and the price of domestic grade ammonium sulfate was mainly high. Urea continued to rise, which was good for ammonium sulfate Market. From the second half of May, the price of ammonium sulfate began to fall. The trading atmosphere on the floor was acceptable, but the new orders were limited. Ammonium sulfate enterprises cut prices slightly. There are many on-site inquiries, but the downstream and dealers are cautious in purchasing, which is inconsistent with high prices. The prices of coking grade and Hexian grade ammonium sulfate have been reduced by shock. As of May 31, the main factory price of coking ammonium sulfate in Shandong is about 1650 yuan / ton, and that in Hebei is about 1600 yuan / ton. The ex factory quotation of Hexian ammonium sulfate in Shandong is 1740-1840 yuan / ton.

 

povidone Iodine

Downstream compound fertilizer market this month. The downstream compound fertilizer market was strong at a high level this month. Bullish sentiment increased. As the raw materials of compound fertilizer urea, monoammonium phosphate and potassium fertilizer have risen sharply, the cost pressure has increased. Most of the compound fertilizer enterprises are selling at competitive prices, and some enterprises have suspended quotation, mainly issuing early-stage orders.

 

3、 Aftermarket forecast

 

According to the ammonium sulfate analysts of the business agency, there is no good news in the market for the time being due to the downstream resistance to the high price of ammonium sulfate and the weakening demand. The high price of ammonium sulfate has dropped. Caprolactam enterprises stopped production for maintenance or planned shutdown for maintenance, and the on-site supply decreased. It is expected that in the short term, the price of ammonium sulfate will fluctuate downward.

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