1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1590 yuan / ton on January 3 and 1476 yuan / ton on January 7. The price of ammonium sulfate fell 7.13% this week.

2、 Market analysis

Due to the sluggish demand, the ammonium sulfate market continued its decline last week this week, and the price trend fell. The bidding price of coking grade ammonium sulfate continued to decline, fell sharply, and the internal grade ammonium sulfate was slightly adjusted. As of January 7, the mainstream factory quotation of coking ammonium sulfate in Shandong is 1250-1350 yuan / ton, that in Hebei is 1200-1260 yuan / ton, that in Shanxi is 1140-1260 yuan / ton, and that in Henan is 1200-1260 yuan / ton. Hexene grade ammonium sulfate, the ex factory quotation in Shandong is 1890-1950 yuan / ton.

The downstream compound fertilizer market is stable and small this week, and the purchase of ammonium sulfate just needs replenishment. The price of monoammonium phosphate, the raw material of compound fertilizer, stopped falling, and the cost side support was acceptable. Compound fertilizer manufacturers intend to raise prices, and the compound fertilizer market is more optimistic in the short term.

3、 Future forecast

The ammonium sulfate analyst of business society believes that the trading atmosphere of ammonium sulfate is weak at present, and the downstream is resistant to high prices. Approaching the holiday, the demand at home and abroad turns weak. At present, coking grade ammonium sulfate has been at a low level and there is limited room for decline. The market of hexyl ammonium sulfate is strong. The price of ammonium sulfate is expected to stabilize in the short term.