1、 Price trend
According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1145 yuan / ton on August 23 and 1142 yuan / ton on August 29. The price of ammonium sulfate fell by 0.22% this week.
2、 Market analysis
This week, the domestic demand of ammonium sulfate Market is weak and the trading is general. Coking grade was adjusted in a narrow range, with ups and downs. The domestic ammonium sulfate Market is stable, the foreign demand is poor, and the downstream just needs to get the goods. As of the weekend, the mainstream factory quotation of ammonium sulfate in Shandong was 1100-1200 yuan / ton, that in Hebei was 1050-1100 yuan / ton, and that in Shanxi was 1000-1050 yuan / ton.
This week, the price of raw urea for compound fertilizer continued to decline, and the downstream mentality was poor. The market of compound fertilizer fell slightly, and dealers traded cautiously with limited turnover. In the short term, the compound fertilizer market is mainly stable and down.
3、 Future forecast
The ammonium sulfate analyst of business society believes that due to the weak domestic demand for ammonium sulfate and the tight internal supply under the environmental protection policy, the downstream demand has not improved. As there is no good news at present, the downstream mostly takes a wait-and-see attitude. The price of ammonium sulfate is expected to fluctuate in a narrow range in the short term
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