eak demand and falling price of ammonium sulfate (2.7-2.14)

1、 Price trend

 

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According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1490 yuan / ton on February 7, and 1380 yuan / ton on February 14. The price of ammonium sulfate fell by 7.38% this week.

 

2、 Market analysis

 

The operating rate of ammonium sulfate decreased this week, and the market atmosphere was light. The price of coking grade ammonium sulfate is weak, mainly on the sidelines, and the transaction is general. The trend of domestic ammonium sulfate has declined, and some enterprises have reduced their prices, which fell by 50-180 yuan / ton this week. As of February 14, the mainstream factory quotation of coking ammonium sulfate in Shandong is 1300-1380 yuan / ton, that in Hebei is 1280-1380 yuan / ton, and that in Heilongjiang is about 1400 yuan / ton. Hexene grade ammonium sulfate, the factory quotation in Shandong is 1300-1400 yuan / ton.

 

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The downstream compound fertilizer was slightly adjusted this week, there was no great fluctuation, and the market trading volume was general. The price of compound fertilizer raw materials rose this week, and the cost support was good. The industry is optimistic about the situation of compound fertilizer and is expected to have an upward trend in the short term.

 

3、 Future forecast

 

The ammonium sulfate analyst of business society believes that in order to reduce inventory, the trend of ammonium sulfate is weak after the festival. At present, the field is mainly wait-and-see, and the topdressing market is about to open in spring. We look forward to the follow-up demand in the later stage. It is expected that the weak finishing operation of ammonium sulfate in the short term will be dominated.

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