Ammonium sulfate market is still sluggish

Last week, the overall domestic ammonium sulfate market was still in a downturn, and prices could hardly return to high levels in the short term. At present, the downstream compound fertilizer market is cautious in receiving goods. The international ammonium sulfate prices are all lower, the trading atmosphere is relatively flat, and the domestic market remains weak and declining. However, under the unilateral support of the low output of manufacturers, there is less room for price fall, and the latter market will Gradually stable.

At present, the mainstream transaction price in the Shanxi market is between RMB 1050 and RMB 1,100 (t price, the same below). Some manufacturers have no transactions and the offer price is slightly higher; the mainstream transaction price in the Hebei market is between RMB 1080 and RMB 1120, and the supply sources for RMB 1150 to RMB 1200 are all early stages. Contract price; Shandong market, the actual transaction price remained at 1100 ~ 1150 yuan, high turnover was weak, and some manufacturers actual shipping prices have fallen to below 1100 yuan; Henan mainstream transaction price in 1050 to 1100 yuan.

Although domestic ammonium sulphate market inventory is generally low, but the downstream market procurement intentions are not high, the international market orders are still in general, so it is expected that the high-level supply of ammonium sulfate in some areas in the near future still have some downside, but the low prices in most regions have stabilized The downward trend of the domestic market in the later period will no longer be obvious.