1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1363 yuan / ton on July 15, and 1336 yuan / ton on July 21. The price of ammonium sulfate fell by 1.23% this week.

2、 Market analysis

The price of ammonium sulfate continued to fall this week. At present, the demand for ammonium sulfate in the plant is weak, and the downstream is mainly purchased on demand. Under the downward trend of ammonium sulfate, the industry mostly takes a wait-and-see attitude. In terms of international exports, the price of ammonium sulfate decreased. Manufacturers and dealers have more inventory and less ammonium sulfate trading volume. In the short term, the depressed market is difficult to change, and the weak market continues. As of July 21, coking grade ammonium sulfate, the mainstream factory quotation of ammonium sulfate in Shandong is about 1300 yuan / ton, and the mainstream factory quotation of ammonium sulfate in Hebei is about 1260 yuan / ton. Hexene grade ammonium sulfate, the mainstream ex factory quotation in Shandong is 1330-1420 yuan / ton.

This week, the downstream compound fertilizer market continued to be weak, and the market transaction center moved down. The trend of urea and monoammonium phosphate as raw materials of compound fertilizer is not good, and the cost support of compound fertilizer is weak. The demand support is limited, and the dealers operate with caution. Most compound fertilizer manufacturers still suspend quotation.

3、 Aftermarket forecast

The ammonium sulfate analyst of business society believes that the ammonium sulfate Market is still weak this week, and the current market is mainly bad. The on-site supply is large, and the demand side needs to be released. It is expected that the price of ammonium sulfate will continue to decline in the short term.