The ammonium sulfate market remains stable (12.5-12.11)

1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the average market price of domestic grade ammonium sulfate on December 11th was 1183 yuan/ton, which is stable compared to the average market price of domestic grade ammonium sulfate on December 5th, which was 1183 yuan/ton.
2、 Market analysis
supply and demand situation
This week, the domestic ammonium sulfate market prices have been running steadily. This week, the operating rate of coking grade ammonium sulfate remained stable, while the operating rate of domestic grade ammonium sulfate decreased, resulting in a decrease in market supply. At present, the market demand is flat, and downstream purchasing enthusiasm has weakened. We are mainly cautious and cautious, and new transactions of ammonium sulfate are limited. The export market for ammonium sulfate has not improved, and terminal demand needs to be increased.
market situation
As of December 11th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 970 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1150-1200 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the ammonium sulfate market has been consolidating and operating recently. At present, the transaction atmosphere in the ammonium sulfate market is average, with support from the domestic supply side and downstream on-demand procurement, resulting in weak market demand. It is expected that in the short term, the domestic ammonium sulfate market will mainly consolidate due to weak prices.

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