1、 Price trend
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According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1590 yuan / ton on January 1 and 1490 yuan / ton on January 27. The price of ammonium sulfate fell by 6.29% this month.
2、 Market analysis
Due to the low demand, the ammonium sulfate market continued to decline in the first ten days of this month, and the price trend fell. The bidding price of coking grade ammonium sulfate continued to decline, fell sharply, and the internal grade ammonium sulfate was slightly adjusted. In the middle of this month, the price of coking grade ammonium sulfate rose, and the on-site trading increased. Enterprises flexibly adjust prices, and most enterprises increase their quotations by 50-200 yuan / ton. The trend of domestic ammonium sulfate is weak, the export demand is reduced, and the price of high priced ammonium sulfate is declining. The downstream just needs to purchase ammonium sulfate, mainly in the early stage. Late this month, the market of coking grade ammonium sulfate rose steadily, and the trend of Hexian grade ammonium sulfate was poor. Traders have more stocks and are still resistant to the high price of ammonium sulfate. The export market is weak, and the price of Hexian grade ammonium sulfate is lowered again. Ammonium sulfate Market differentiation, coking grade and hexene grade ammonium sulfate price difference narrowed. As of January 27, the mainstream factory quotation of coking grade 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 factory quotation in Shandong is 1550-1650 yuan / ton.
In the downstream compound fertilizer market, at the beginning of this month, the compound fertilizer market was stable and small, and the purchase of ammonium sulfate was just in need of replenishment. The price of monoammonium phosphate, the raw material of compound fertilizer, stopped falling, and the cost side support was acceptable. Compound fertilizer manufacturers intend to raise prices, and the market of compound fertilizer is relatively optimistic. In the middle of the month, the operating rate of compound fertilizer increased, the price of compound fertilizer in some enterprises increased, and the on-site trading was good. The purchase quantity of ammonium sulfate just needs replenishment, and the demand has increased. The market of compound fertilizer raw materials is strong and the cost side support is better. At the end of the month, the enthusiasm for preparing compound fertilizer weakened, the upward power was insufficient, and the demand for ammonium sulfate decreased.
3、 Future forecast
Ammonium sulfate analysts of business society believe that at present, the ammonium sulfate Market is divided and running, with ups and downs. The market of coking grade ammonium sulfate is stable and the delivery of goods is smooth. Domestic ammonium sulfate is shipped at a reduced price, mainly for just demand. Due to the epidemic situation and the approaching Spring Festival, logistics and transportation are tight. Traders are mainly on the sidelines and cautious. It is expected that coking grade ammonium sulfate will be stable and good in the short term, while hexene grade ammonium sulfate will be weak and run downward.
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