With good trading, the price of ammonium sulfate increased (5.9-5.13)

1、 Price trend


According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1820 yuan / ton on May 9 and 1853 yuan / ton on May 13. The price of ammonium sulfate increased by 1.83% this week.



2、 Market analysis


Ammonium sulfate inquiry increased this week, and the price rose steadily. At present, the trading atmosphere on the floor is strong and the transaction is good. The mentality of the industry is more optimistic, and manufacturers and dealers gradually push up. Urea continued to rise to a high level, which was good for the market of ammonium sulfate. This week, the bidding price of coking grade ammonium sulfate enterprises increased slightly, and the price of domestic grade ammonium sulfate was strong and volatile. As of May 13, the factory quotation of coking grade ammonium sulfate and mainstream ammonium sulfate in Shandong is about 1800 yuan / ton. Hexene grade ammonium sulfate, the mainstream factory quotation in Shandong is 1880-1950 yuan / ton.


The high level of the downstream compound fertilizer market this week was strong, and the bullish atmosphere remained unchanged. Due to the rise of urea and monoammonium phosphate as raw materials of compound fertilizer and the increase of cost pressure, most compound fertilizer enterprises sell at high prices, and some enterprises suspend quotation. The rising price of urea has led to an increase in the demand for ammonium sulfate.


3、 Future forecast


The ammonium sulfate analyst of business society believes that the current ammonium sulfate Market is good, some goods are in short supply, and the downstream procurement is active. Urea remains at a high level, which is favorable for the market of ammonium sulfate. It is expected that the price of ammonium sulfate will rise steadily in the short term.