1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China was 585 yuan / ton on May 25, 581 yuan / ton on May 29, and the price fell 0.57% this week. On May 29, the ammonium sulfate commodity index was 48.68, unchanged from yesterday, 54.20% lower than the highest point 106.28 (2012-05-24), and 32.82% higher than the lowest point 36.65 on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Product: the domestic ammonium sulfate Market is stable this week. About 490-650 yuan / ton for mainstream ammonium sulfate in Central China, 500-560 yuan / ton for mainstream ammonium sulfate in Henan, 470-620 yuan / ton for mainstream ammonium sulfate in Hebei, 520-590 yuan / ton for mainstream ammonium sulfate in Shandong, 500-660 yuan / ton for main ammonium sulfate outflow in East China, 470-650 yuan / ton for mainstream ammonium sulfate in North China, and 470-650 yuan / ton for Northeast China The factory quotation of mainstream ammonium sulfate is 520-660 yuan / ton.

Industry chain: the overall market of downstream compound fertilizer is weak this week, the price is slightly reduced, the price of compound fertilizer raw materials is also down, and the cost is negative. Now the preparation of fertilizer in the north and south is basically over, and the short-term compound fertilizer market is mainly weak.

Industry: according to the price monitoring of the business agency, in the 21st week of 2020 (5.25-5.29), there are 26 kinds of commodities in the list of commodity prices rising and falling, including 4 kinds of commodities with an increase of more than 5%, accounting for 4.4% of the number of commodities monitored in the chemical sector; the top three commodities are calcium carbide (7.39%), bisphenol A (6.99%) and ethylene (5.53%). There are 28 kinds of commodities falling on a month on month basis, with 2 kinds of commodities falling by more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 products falling are R134a (- 7.38%), acetic acid (- 5.49%) and propylene (- 4.60%). This week’s average was 0.18%.

3、 Future forecast

Analysts of ammonium sulphate of business association think that the market price of coking grade ammonium sulphate is loose, the supply is sufficient and the demand is reduced. Domestic and foreign demand for domestic ammonium sulfate is flat, and low price is the main way. It is predicted that the price of ammonium sulfate will be weak and stable in the short term.