1、 Price trend
According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China was 563 yuan / ton on March 2, 573 yuan / ton on March 6, and the price rose 1.79% in the week. Up to now, the ammonium sulfate commodity index on March 8 is 47.98, which is flat with yesterday, 54.86% lower than the highest point 106.28 (2012-05-24), and 30.91% higher than the lowest point 36.65 on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)
| Sulfamic acid 99.50% |
2、 Market analysis
Product: at present, with the promotion of agricultural demand, the market of ammonium sulfate is getting better. The main quotation of ammonium sulfate in Central China is about 450-680 yuan / ton, that in Henan is 420-680 yuan / ton, that in Hebei is 480-730 yuan / ton, that in East China is 450-680 yuan, that in North China is 420-670 yuan / ton, and that in Northeast China is 450-670 yuan / ton.
Industrial chain: it is the peak season of spring ploughing and fertilizer use, and the price of raw materials has increased. The lower reaches of the compound fertilizer enterprises have increased the operating rate, good trading and investment atmosphere, high enthusiasm for procurement and rising market of compound fertilizer. In addition to the north of the lake, the logistics and transportation have improved and the delivery is smooth. Both upstream and downstream are good support, and the ammonium sulfate Market is developing well.
| Magnesium Sulphate |
Industry: according to the price monitoring of the business agency, in the list of commodity prices rising and falling in the 9th week of 2020 (3.2-3.6), there are 23 kinds of commodities in the chemical sector, among which there are 2 kinds of commodities with an increase of more than 5%, accounting for 2.3% of the number of commodities monitored in the sector; the top 3 commodities are sulfur (8.38%), sulfuric acid (7.78%) and propylene (4.36%). There are 30 commodities with a decline of 5% or more, accounting for 1.1% of the monitored commodities in the sector; the top three products with a decline are epichlorohydrin (- 6.28%), mixed xylene (- 4.46%) and ethanol (- 4.39%). This week’s average was – 0.35%.
3、 Future forecast
Analysts of ammonium sulphate of business association believe that at present, the demand for agriculture is increasing, and the market of ammonium sulphate is picking up. The coking grade ammonium sulfate rose slightly and operated in shock. The internal grade ammonium sulfate was adjusted within the range, and the domestic demand increased. It is expected that the market of ammonium sulfate will rise in the short term.
| Sulfamic acid |