1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1856 yuan / ton on April 11 and 1790 yuan / ton on April 15. The price of ammonium sulfate fell by 3.59% this week.

2、 Market analysis

The price of ammonium sulfate fell this week and the market trend was poor. The downstream demand is reduced, there is no good news in the field, and the transportation is blocked due to many causes of the epidemic. The supply of Hexian grade ammonium sulfate is relatively small, new orders are limited, and the price is reduced from a high level. The bidding price of coking grade ammonium sulfate fell and the transaction was not ideal. As of April 15, the factory quotation of coking grade ammonium sulfate and mainstream ammonium sulfate in Shandong is about 1650 yuan / ton. The mainstream factory quotation of ammonium sulfate in Hebei is about 1650 yuan / ton. Hexene grade ammonium sulfate, the factory quotation in Shandong is 1750-1850 yuan / ton.

This week, the downstream compound fertilizer was put into operation with high-level concussion. Due to the continuous high price of compound fertilizer raw materials, good cost support and strong market of compound fertilizer, most of them mainly execute early orders.

3、 Future forecast

The ammonium sulfate analyst of business society believes that at present, the trading atmosphere of ammonium sulfate on the floor is light, the demand is low, and the wait-and-see mentality on the floor is strong. It is expected that the price of ammonium sulfate will be stable and downward in the short term, and it is suggested to pay attention to the changes on the demand side.