1、 Price trend
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According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1195 yuan / ton on February 28 and 1208 yuan / ton on March 4. The price of ammonium sulfate increased by 1.12% this week.
2、 Market analysis
In the early stage, the price of ammonium sulfate continued to fall. This week, the ammonium sulfate market gradually warmed up, and the market rebounded and rose. There was a strong rally atmosphere in the market, and traders actively pushed up. The bidding price of coking grade ammonium sulfate enterprises has been raised, and the internal grade ammonium sulfate is mainly supplied to old customers. The downstream demand side followed up in general, and was resistant to the high price of ammonium sulfate. As of March 4, coking grade ammonium sulfate, the mainstream factory quotation of ammonium sulfate in Shandong is 1200-1300 yuan / ton, the mainstream factory quotation of ammonium sulfate in Hebei is about 1200 yuan / ton, and the mainstream factory quotation of ammonium sulfate in Shanxi is 1100-1250 yuan / ton. Hexene grade ammonium sulfate, the factory quotation in Shandong is 1300-1350 yuan / ton.
This week, the downstream compound fertilizer was put into operation at a high level. Due to the rising price of compound fertilizer raw materials, most compound fertilizer enterprises have suspended their quotation. Most of the participants were optimistic, with a strong rising atmosphere, and the willingness of enterprises to support prices was obvious. In the short term, the high level of compound fertilizer is strong, and the market is mainly upward.
3、 Future forecast
The ammonium sulfate analyst of business society believes that at present, the trading atmosphere of ammonium sulfate is good, and the manufacturer sells at a high price. The downstream is mainly on-demand procurement, the demand side is waiting to be released, and the rising space is limited. The rise of urea is good for the market of ammonium sulfate. It is expected that ammonium sulfate will operate steadily and upward in the short term, mainly with small fluctuations.
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