1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1523 yuan / ton on June 13, and 1456 yuan / ton on June 17. The price of ammonium sulfate fell by 4.38% this week.

2、 Market analysis

The price of ammonium sulfate fell this week. At present, the floor trading is sluggish, the transaction is weak, and the market trend of ammonium sulfate is declining. The domestic and international market demand is weakened, and the downstream purchasing enthusiasm is reduced. Urea prices continued to fall this week, which was bad for ammonium sulfate Market. Enterprises cut down ammonium sulfate for shipment. Some caprolactam enterprises have been overhauled, and the supply of caprolactam grade ammonium sulfate has been reduced. As of June 17, the main factory price of coking ammonium sulfate in Shandong is about 1480 yuan, and that in Hebei is about 1420 yuan / ton. For domestic ammonium sulfate, the mainstream factory price in Shandong is about 1500 yuan / ton, and the mainstream factory price in Shanxi is about 1450 yuan / ton.

The downstream compound fertilizer market fluctuated in a narrow range this week. The price of urea, the raw material of compound fertilizer, dropped, and the pressure on the cost of compound fertilizer weakened. At present, the new orders of compound fertilizer are limited, and the demand is general. In the short term, the market of compound fertilizer will be adjusted slightly at a high level.

3、 Aftermarket forecast

The ammonium sulphate analyst of the business agency believes that the recent ammonium sulphate market continues to be depressed, and the industry is mainly on the sidelines. Urea prices fell, the demand side did not follow up, and there were many negative factors. It is expected that the price of ammonium sulfate will continue to decline in the short term.