1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate on August 19 was 1186 yuan / ton, and the average factory price of domestic ammonium sulfate on August 25 was 1220 yuan / ton. This week, the price of ammonium sulfate increased by 2.81%.

2、 Market analysis

This week, the price of ammonium sulfate rose and the market recovered. The downstream purchase is mainly based on demand, and the on-site trading volume is increased, but there is still resistance to the high price ammonium sulfate. The number of export inquiries increased, and the number of new orders was limited. The bidding price of coking grade ammonium sulfate increased, and the price of domestic grade ammonium sulfate increased. As of August 25, the factory price of coking grade ammonium sulfate and the mainstream ammonium sulfate in Shandong is about 1190 yuan / ton. The mainstream factory price of ammonium sulfate in Hebei is about 1160 yuan / ton. The ex factory price of Hexi grade ammonium sulfate in Shandong Province is 1180-1280 yuan / ton.

The trading atmosphere of the downstream compound fertilizer market increased this week. The fluctuation of raw material price of compound fertilizer is reduced, the price of raw material urea rebounds and rises, and the cost support is good. The rise of urea market is favorable to the market of ammonium sulfate. Compound fertilizer manufacturers and dealers shall operate with caution and give priority to negotiation.

3、 Future forecast

According to the ammonium sulfate analyst of the business association, although the current ammonium sulfate Market has rebounded slightly, the demand side is still lack of power, and the favorable space is limited. It is expected that the price of ammonium sulfate will rise slightly in the short term, and it is suggested to pay attention to the changes on the demand side.