The ammonium sulfate market is stable (11.1-11.6)

1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the average market price of domestic grade ammonium sulfate on November 6th was 1036 yuan/ton, which is stable compared to the average market price of 1036 yuan/ton on November 1st.
2、 Market analysis
Supply and demand situation
This week, the domestic ammonium sulfate market prices have been mainly stable. The operating rate of ammonium sulfate enterprises remained stable this week, with no significant changes in the supply side. Downstream on-demand procurement, market trading atmosphere is flat. At present, the supply and demand of ammonium sulfate market are balanced. There is currently no positive news regarding exports, and the market is adopting a cautious and wait-and-see attitude.
market situation
As of November 6th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 940 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1000-1040 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the market trend of ammonium sulfate has been stable recently. At present, although there are not many inquiries in the ammonium sulfate market, there is still support for demand. It is expected that the domestic ammonium sulfate market will stabilize and operate in the short term.

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