1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate on August 5 was 1176 yuan / ton, and the average factory price of domestic ammonium sulfate on August 11 was 1123 yuan / ton. This week, the price of ammonium sulfate dropped by 4.53%.

2、 Market analysis

This week, ammonium sulfate continued the downward trend of last week, and the price continued to fall. At present, the market demand for ammonium sulfate is weak, the supply on the site is sufficient, the downstream purchases are on demand, and the transaction on the site is weak. In terms of international export, the port inventory is high and the market demand is flat. This week, the urea market is weak, and the side is unfavorable to the ammonium sulfate Market. The short-term ammonium sulfate Market will still be weak. As of August 11, the main factory price of coking grade ammonium sulfate in Shandong is about 1060 yuan / ton, and the main factory price of ammonium sulfate in Hebei is about 1050 yuan / ton. Hexin grade ammonium sulfate, the mainstream factory price in Shandong Province is 1100-1220 yuan / ton.

This week, the downstream compound fertilizer market was weak and the operation was low. The trend of compound fertilizer raw materials urea and monoammonium phosphate decreased, and the cost support of compound fertilizer weakened. Most compound fertilizer enterprises have suspended their quotation, and the market has not improved in the short term.

3、 Future forecast

According to the ammonium sulfate analysts of business association, the current market of ammonium sulfate is dominated by bad news, and the price trend continues to decline. The market supply is too large, and the demand side is weak to follow up. It is expected that the price of ammonium sulfate will continue to fall in the short term when the market demand has not improved.