Make up for the low price, and ammonium sulfate stops falling and rebounds (8.12-8.18)

1、 Price trend

Gamma Polyglutamic Acid

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate on August 12 was 1123 yuan / ton, and the average factory price of domestic ammonium sulfate on August 18 was 1186 yuan / ton. This week, the price of ammonium sulfate increased by 5.64%.

 

2、 Market analysis

 

The ammonium sulfate market rebounded and rose this week. At present, the market demand for ammonium sulfate is supported to a certain extent, and the low level begins to make up for the rise. The supply of ammonium sulfate in the site is sufficient, and the downstream is mainly purchased on demand, with a general transaction. The urea market rose steadily this week, which was favorable to the ammonium sulfate Market. The short-term ammonium sulfate Market is mainly operated in a fluctuating range. As of August 18, the main factory price of coking grade ammonium sulfate in Shandong is about 1100 yuan / ton, and the main factory price of ammonium sulfate in Hebei is about 1100 yuan / ton. Domestic ammonium sulfate, the mainstream factory price in Shandong Province is 1200-1240 yuan / ton.

 

 

This week, the downstream compound fertilizer market is weak, the commencement is still at a low level, and the demand for ammonium sulfate is weak. Although the raw material urea of compound fertilizer increased slightly this week, there is limited room for increase. Most of the compound fertilizer enterprises suspended the quotation, and the market is still weak in the short term.

 

3、 Future forecast

 

According to the ammonium sulfate analysts of the business association, although the ammonium sulfate Market has stopped falling and rebounded, the rising resistance is large. The terminal demand is still weak, and the on-site supply is large. The industry is mostly cautious and wait-and-see. It is expected that the ammonium sulfate Market will fluctuate slightly in the short term.

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