1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 526 yuan / ton on October 12, and 560 yuan / ton on October 16. The price rose by 6.33% this week.

2、 Market analysis

This week, the domestic market of coking grade ammonium sulfate turned better, and the price began to rise. The main factory quotation of ammonium sulfate in Henan Province is 520-580 yuan / ton, that of Hebei Province is 480-550 yuan / ton, that of Shandong Province is 540-580 yuan / ton, that of Shanxi Province is 410-490 yuan, and that of Northeast China is 520-630 yuan / ton.

This week, the downstream compound fertilizer market is stable and small. The market of compound fertilizer raw materials rose steadily this week with good cost support. The meeting of phosphate and compound fertilizer was postponed, and the market trend of compound fertilizer was not clear. In the short term, Hefei market will adjust slightly.

3、 Future forecast

Business agency ammonium sulfate analysts believe that the current coking grade ammonium sulfate inventory is less, the market shipment is good, the market trend is up. There are many export orders and high price of ammonium sulfate. It is expected that the coking grade ammonium sulfate will rise steadily in the short term, and the internal grade ammonium sulfate will mainly run smoothly.