1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1840 yuan / ton on October 25 and 1906 yuan / ton on October 29. The price of ammonium sulfate increased by 3.62% this week.

2、 Market analysis

The price rise of ammonium sulfate slowed down this week. Ammonium sulfate rose sharply last week due to tight supply. As the end of the month approaches this week, the downstream has resistance to the high price of ammonium sulfate, and the number of new orders decreases. This week, the mainstream factory quotation of ammonium sulfate in Shandong is 1600-1800 yuan / ton, that in Hebei is 1700-1950 yuan / ton, and that in Shanxi is 1500-1700 yuan / ton.

The downstream compound fertilizer market fluctuated slightly this week, and the on-site wait-and-see attitude was obvious. The price of raw urea fell first and then rose, the phosphate fertilizer market fell, and the potassium fertilizer rose steadily. The Hefei Conference on phosphorus recovery is about to be held, and the industry is waiting for policy guidance. In the short term, the market of compound fertilizer is weak and stable.

3、 Future forecast

The ammonium sulfate analyst of business society believes that the supply of ammonium sulfate is poor and the terminal demand is acceptable due to the impact of environmental protection, production restriction and dual control. After the continuous rise, the downstream has conflict with the high price of ammonium sulfate, and the price of ammonium sulfate is expected to run downward in the short term.