Poor demand, stable ammonium sulfate Market (4.26-4.30)

1、 Price trend

 

According to the monitoring data of business agency, the average ex factory price of ammonium sulfate in China was 585 yuan / ton on April 26, and 585 yuan / ton on April 30, with stable price. On April 30, the ammonium sulfate commodity index was 48.95, unchanged from yesterday, 53.94% lower than the highest point 106.28 (2012-05-24), and 33.56% higher than the lowest point 36.65 on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)

 

Stannous Sulphate

2、 Market analysis

 

Product: the domestic ammonium sulfate Market is stable this week. The main quotation of ammonium sulfate in Central China is about 490-680 yuan / ton, that in Henan is 480-680 yuan / ton, that in Hebei is 460-700 yuan / ton, that in East China is 500-680 yuan, that in North China is 470-670 yuan / ton, and that in Northeast China is 500-670 yuan / ton.

 

Industry chain: the market situation of downstream compound fertilizer enterprises is stable this week, and the market is weak. Due to the poor raw material market, the delivery and investment situation of compound fertilizer enterprises is not ideal. The demand for ammonium sulfate is reduced, and more and more goods are needed.

 

3、 Future forecast

 

Analysts of ammonium sulphate of business association think that at present, the demand for coking grade ammonium sulphate is declining, and the downstream enterprises hold a wait-and-see attitude and pick up the goods sporadically. The domestic ammonium sulfate Market is stable, the supply is reduced, and the domestic products are mainly sold. It is expected that the price of ammonium sulfate will keep stable in the short term.

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