The market trend of ammonium sulfate is weak (8.16-8.22)

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1175 yuan / ton on August 16 and 1145 yuan / ton on August 22. The price of ammonium sulfate fell by 2.55% this week.

2、 Market analysis

The operating rate of ammonium sulfate Market increased this week. The coking grade market is poor, and the enterprise slightly adjusts the price. The supply and demand of Hexian ammonium sulfate is balanced, and the downstream is purchased on demand, and the market is generally stable. By the end of the weekend, the mainstream factory quotation of ammonium sulfate in Shandong was 1050-1150 yuan / ton, that in Hebei was 1050-1150 yuan / ton, and that in Shanxi was 1000-1050 yuan / ton.

The price of compound fertilizer fell steadily this week due to the weak raw material market and weak cost support. Some areas increased slightly. At present, the downstream of the compound fertilizer market mostly takes a wait-and-see attitude. The market of compound fertilizer is not optimistic in the short term. It is suggested to pay attention to the trend of raw materials.

3、 Future forecast

The ammonium sulfate analyst of business society believes that due to the weak domestic demand and tight supply of ammonium sulfate, the downstream demand is limited. Due to the limited positive factors, it is expected that the price of ammonium sulfate will be stable and adjusted in a narrow range in the short term. It is recommended to pay more attention to demand changes.

PVA