1、 Price trend
On July 20th, the average market price of domestic grade ammonium sulfate was 1156 yuan/ton, which was 2.06% higher than the average market price of 1133 yuan/ton on July 13th.
2、 Market analysis
Supply and demand situation
This week, the price trend of ammonium sulfate in the domestic market has stopped falling and risen. The operating rate of the equipment has been slightly adjusted, and the supply of ammonium sulfate in the market is stable. This week, the international urea market has strengthened, coupled with the increasing demand for ammonium sulfate, which is favorable for the domestic ammonium sulfate market. At present, the downstream of ammonium sulfate urgently needs procurement, and most of them still hold a cautious attitude.
market situation
As of July 20th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1000-1030 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1100-1150 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the recent trend of the ammonium sulfate market has been dominant. At present, the market price of ammonium sulfate continues to rise, and the trading atmosphere in the market has improved. It is expected that the short-term ammonium sulfate market will mainly operate with strong prices.
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