1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1463 yuan / ton on July 11, and 1353 yuan / ton on July 15. The price of ammonium sulfate fell 7.52% this week.

2、 Market analysis

The price of ammonium sulfate fell sharply this week. At present, there is a strong bearish mood in the ammonium sulfate Market, and the market trend is weak. The demand for international exports decreased, and domestic transactions were average. Urea prices fell sharply again this week, which is bad for the market of ammonium sulfate. The mentality of the industry is unstable, and the downstream is mainly on-demand procurement. As of July 15, coking grade ammonium sulfate, the mainstream factory quotation of ammonium sulfate in Shandong is about 1300 yuan / ton, and the mainstream factory quotation of ammonium sulfate in Hebei is about 1280 yuan / ton. Hexene grade ammonium sulfate, the mainstream ex factory quotation in Shandong is 1340-1440 yuan / ton.

This week, the downstream compound fertilizer market was weak, and the price was mainly downward. The prices of urea and monoammonium phosphate, the raw materials of compound fertilizer, have been lowered, and the cost support of compound fertilizer is insufficient. At present, most compound fertilizer enterprises still suspend quotation, and new orders are limited.

3、 Aftermarket forecast

The ammonium sulfate analyst of business agency believes that the recent trend of ammonium sulfate market continues to fall, and there are no positive factors in the market for the time being. The rapid decline of urea price and insufficient terminal demand have led to the reduction of ammonium sulfate price. It is expected that the market of ammonium sulfate will continue to decline in the short term.