1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on August 14th was 906 yuan/ton, a decrease of 1.45% from the average price of 920 yuan/ton on August 7th.

2、 Market analysis

This week, the domestic ammonium sulfate market prices fluctuated and fell. The operating rate of coking enterprises is relatively low, while the operating rate of internal level enterprises is relatively high. The enthusiasm for market procurement has weakened, and on-site trading is weak. At present, the granule factory has a large inventory and the shipping market is not good. The export market has not improved, and the confidence of exporters has been dampened. As of August 14th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 870 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 880-950 yuan/ton.

3、 Future forecast

An ammonium sulfate analyst from Shengyi Society believes that the ammonium sulfate market has been fluctuating and declining recently. At present, the domestic and international market conditions are not good, and the trading atmosphere in the market is quiet. It is expected that the domestic ammonium sulfate market will continue to operate weakly and consolidate in the short term.