1、 Price trend
On September 20th, the average market price of domestic grade ammonium sulfate was 1250 yuan/ton, which was 4.75% higher than the average market price of 1193 yuan/ton on September 14th.
2、 Market analysis
Supply and demand situation
This week, the domestic market price of domestic grade ammonium sulfate continues to rise strongly, while the market price of coking grade ammonium sulfate has slightly adjusted. The transition period for ammonium sulfate method testing has ended this week, and the current peak season for particle demand has led to an increase in downstream procurement demand. The international demand for ammonium sulfate is improving, with support from the demand side and good market trading.
market situation
As of September 20th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1000 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1200-1280 yuan/ton.
3、 Future forecast
Analysts believe that the price trend of ammonium sulfate continues to rise in recent days. At present, there is support on the demand side, and market transactions are still acceptable. It is expected that the market price of ammonium sulfate will remain stable and rise in the short term, and it is recommended to pay attention to policy changes.
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