The market price of ammonium sulfate soared in March (3.1-3.31)

1、 Price trend

 

PVA 1799 (PVA BF17)

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1195 yuan / ton on March 1 and 1883 yuan / ton on March 31. The price of ammonium sulfate increased by 57.60% this month.

 

2、 Market analysis

 

The price of ammonium sulfate rose sharply this month. In the middle and early days of March, the price of ammonium sulfate rose continuously, with an increase of 600-800 yuan / ton, and the market rose strongly. As the price of urea at home and abroad continues to rise, it is good for the market of ammonium sulfate. Downstream enterprises purchase intensively, and the atmosphere in the venue heats up rapidly. In late March, the price of ammonium sulfate fluctuated slightly after falling. As of March 31, the factory price of ammonium sulfate in Hebei Province is about 1850-1700 yuan / mainstream ammonium sulfate, and the factory price of ammonium sulfate in Shandong Province is about 1850-1700 tons. Hexene grade ammonium sulfate, the ex factory quotation in Shandong is 1900-2050 yuan / ton.

 

PVA

In the downstream compound fertilizer market this month, due to the rising price of compound fertilizer raw materials, most compound fertilizer enterprises suspended their quotation. Most of the participants were optimistic, with a strong rising atmosphere, and the willingness of enterprises to support prices was obvious. Due to the continuous rise of urea price and the strengthening of resistance in the downstream of urea, the rise of urea drives the sharp rise of ammonium sulfate Market. The downstream compound fertilizer operates at a high level.

 

3、 Future forecast

 

The ammonium sulfate analyst of business society believes that the current market atmosphere of ammonium sulfate is weaker than before, and the price of ammonium sulfate is adjusted slightly. The supply of ammonium sulfate in the site is sufficient. With the release of domestic and foreign demand, it is expected that the high-level consolidation and operation of ammonium sulfate Market will be the main in the short term.

http://www.pva-china.net

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