1、 Price trend

According to the monitoring data of business agency, the average ex factory price of ammonium sulfate in China was 563 yuan / ton on February 13, and 566 yuan / ton on February 19, with a price increase of 0.59%. On February 19, the ammonium sulfate commodity index was 47.42, unchanged from yesterday, down 55.38% from 106.28 (2012-05-24), the highest point in the cycle, and up 29.39% from 36.65, the lowest point on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Product: the market is picking up. This week, some enterprises made a small exploration. The main quotation of ammonium sulfate in Central China is about 450-650 yuan / ton, that in Henan is 420-650 yuan / ton, that in Hebei is 480-700 yuan / ton, that in East China is 450-650 yuan, that in North China is 420-650 yuan / ton, and that in Northeast China is 450-650 yuan / ton.

Industrial chain: the market of downstream compound fertilizer enterprises is stable and rising. Due to the price rise of monoammonium phosphate as raw material, the price of some compound fertilizer enterprises increased. Enterprises mainly focus on inventory and return to work slowly. Due to the impact of logistics and transportation, the volume of transactions is average. With the increase of fertilizer use in spring, the market will slowly increase. At present, the purchase of ammonium sulfate is mainly rigid.

Industry: according to the price monitoring of the business agency, there are 9 kinds of commodities in the list of rise and fall of bulk commodity prices on February 18, 2020, among which the top three commodities are aluminum fluoride (2.61%), propylene (0.93%) and monoammonium phosphate (0.87%). There are 8 kinds of commodities with a decline in the month on month ratio, and the top three products were hydrogen peroxide (- 4.78%), butadiene (- 2.18%) and isopropanol (- 1.24%). The average price of this day was – 0.07%.

3、 Future forecast

Analysts of ammonium sulphate of business association think that the price of coking grade ammonium sulphate has risen slightly at present, and the price of domestic grade ammonium sulphate port is stable. Ammonium sulfate Market slightly adjusted, the market began to pick up. Due to the logistics and transportation problems, there is limited space to rise. It is expected that the price of ammonium sulfate will fluctuate slightly in the later period.