1、 Price trend

According to the monitoring data of the business agency, the average price of domestic ammonium sulfate was 906 yuan / ton on May 15, and 950 yuan / ton on May 21. The price of ammonium sulfate rose 4.78% this week.

2、 Market analysis

The price of ammonium sulphate rose this week, and the market of ammonium sulphate turned better. By the end of the week, the mainstream ex factory price of coking grade ammonium sulfate in Shandong was 850-880 yuan / ton, that in Hebei was 820-850 yuan / ton, that in Shanxi was 750-810 yuan / ton, and that in Northeast was 700-800 yuan / ton. The inner grade ammonium sulfate maintains a stable finishing operation, with little price fluctuation and general trading volume.

Due to the rise of compound fertilizer raw materials, the downstream compound fertilizer market price rose this week. As the raw material urea rose by a large margin, the compound fertilizer rose with the trend. Supported by the cost of raw materials, the price of compound fertilizer remained high.

3、 Future forecast

Business community ammonium sulfate analysts believe that the current coking grade ammonium sulfate market rebound, a good market atmosphere. With the increase of demand, downstream procurement is active. The supply and demand of domestic ammonium sulfate Market was balanced, some enterprises rose, and the market fluctuation was not obvious. It is expected that the price of ammonium sulfate will rise steadily in the short term.