1、 Price trend
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According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1363 yuan / ton on March 7 and 1816 yuan / ton on March 15. The price of ammonium sulfate increased by 33.25%.
2、 Market analysis
Recently, the price of ammonium sulfate has risen continuously, with an increase of 300-600 yuan / ton, and the market rebounded 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, the atmosphere in the venue heats up rapidly, and the industry is mostly bullish. At present, the supply of ammonium sulfate is tight. This week, the bidding price of coking grade ammonium sulfate enterprises increased significantly, and the internal grade ammonium sulfate also rose rapidly, but the downstream still has a mentality of resistance to the high price ammonium sulfate. As of March 15, the factory quotation of coking grade ammonium sulfate and mainstream ammonium sulfate in Shandong is about 1820 yuan / ton. The mainstream factory quotation of ammonium sulfate in Hebei is about 1800 yuan / ton. Hexene grade ammonium sulfate, the factory quotation in Shandong is 1750-1850 yuan / ton.
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Recently, due to the continuous rise of urea price, the resistance in the downstream of urea has been strengthened, and the rise of urea has driven the sharp rise of ammonium sulfate Market. At present, the supply of urea is sufficient, and urea will mainly rise slightly in the future. This week, the downstream compound fertilizer was put into operation at a high level. Due to the sharp rise of compound fertilizer raw materials, compound fertilizer enterprises mostly take a wait-and-see attitude. Most enterprises suspend collection and quotation. Under the pressure of cost, the short-term compound fertilizer market is mainly consolidated, waiting for the information guidance.
3、 Future forecast
The ammonium sulfate analyst of the business agency believes that with the advent of spring ploughing and the peak season of domestic fertilizer use, dealers are actively taking goods. The bullish atmosphere in ammonium sulfate field is strong, and the demand side is waiting for continuous follow-up. The rise of urea is good for the market of ammonium sulfate. Ammonium sulfate is expected to continue the upward trend in the short term, but it is already at a high level and the rising space is limited. High level vibration operation is the main.
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