Regional differences were mixed, and the price of ammonium sulfate rose steadily (1.6-1.12)

1、 Price trend


According to the monitoring data of the business agency, the market price of ammonium sulfate rose slightly this week. At the beginning of the week, the average ex factory price of ammonium sulfate in China was 556 yuan / ton, while at the end of the week, the average ex factory price was 566 yuan / ton, with a price increase of 1.8%. So far, the ammonium sulfate commodity index on January 14 is 47.28, down 0.14 points from yesterday, 55.51% from the highest point 106.28 (2012-05-24), and 29.00% higher than the lowest point 36.65 on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)



2、 Market analysis


Product: in recent years, the regional difference of coking grade ammonium sulphate is obvious in China, and the price has gone up and down. The price of domestic ammonium sulfate is weak and stable. The main quotation of ammonium sulfate in Central China is about 450-650 yuan / ton, that in Henan is 420-650 yuan / ton, that in Hebei is 480-750 yuan / ton, that in East China is 450-680 yuan, that in North China is 420-650 yuan / ton, and that in Northeast China is 450-650 yuan / ton.



Industry chain: the market of downstream compound fertilizer enterprises is weak, the quotation is stable, and some enterprises adjust slightly, focusing on early orders. The downstream purchases on demand and orders in the early stage. The enthusiasm for replenishment is not high. In some areas, transportation is blocked due to snowfall weather, and goods are moving slowly. The compound fertilizer enterprises are in a weak consolidation stage.


Industry: according to the price monitoring of the business agency, in the first week of 2020 (1.6-1.10), there are 27 kinds of commodities rising month by month in the list of commodity prices in the chemical industry sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 3.5% of the number of commodities monitored in the sector; the top 3 commodities are bisphenol A (9.65%), glycol (7.92%), ammonium chloride (5.09%). There are 18 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three products falling are caustic soda (- 5.22%), chloroform (- 4.55%), sodium metabisulfite (- 3.79%). This week’s average was 0.35%.


3、 Future forecast


According to analysts of ammonium sulphate of business association, although the domestic market has increased the inquiry of ammonium sulphate, the actual operation is general, and the industry mostly takes a wait-and-see attitude. The price of domestic ammonium sulfate manufacturers is firm, and the price of coking grade fluctuates slightly. It is expected that the price of ammonium sulfate in the later period will be mainly weak and volatile, and the market before the festival will not be favorable, so it is suggested to be cautious.