1、 Price trend
According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1500 yuan / ton on January 17 and 1553 yuan / ton on January 21. The price of ammonium sulfate increased by 3.56% this week.
2、 Market analysis
The price of coking grade ammonium sulfate rose this week, and the on-site trading increased by 50-150 yuan / ton. The trend of domestic ammonium sulfate is poor, traders have more inventory, and they still have resistance to high price ammonium sulfate. The export market is weak. As of January 21, for coking grade ammonium sulfate, the mainstream factory quotation of ammonium sulfate in Shandong is 1330-1400 yuan / ton, that in Hebei is 1320-1380 yuan / ton, that in Shanxi is 1250-1350 yuan / ton, that in Henan is 1280-1350 yuan / ton, and that in Heilongjiang is about 1400 yuan / ton. Hexene grade ammonium sulfate, the ex factory quotation in Shandong is 1700-1750 yuan / ton.
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This week, the enthusiasm for the preparation of compound fertilizer in the downstream increased, the procurement was active before the festival, and the market trading volume increased. It is expected that the demand for fertilizer preparation will weaken next week, the upward power will be insufficient, and the demand for ammonium sulfate for compound fertilizer will weaken.
3、 Future forecast
Ammonium sulfate analysts of business society believe that the logistics and transportation are slowing down and the fluctuation of ammonium sulfate is limited near the Spring Festival. Traders are still cautious. It is expected that in the short term, coking grade ammonium sulfate will operate in a small range, and the price of hexyl grade ammonium sulfate will decline.