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 8th was 921 yuan/ton, which is stable compared to the average price of 921 yuan/ton on August 1st.
2、 Market analysis
This week, the domestic ammonium sulfate market prices fluctuated slightly. The operating rate of coking enterprises is stable, and the operating rate of internal level enterprises is relatively high. The enthusiasm for downstream procurement is poor, and the market trading atmosphere is limited. At present, there is a large inventory in the port, and the export market has not improved yet. As of August 8th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 880 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 910-950 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the ammonium sulfate market has experienced narrow fluctuations in recent days. At present, the domestic and international market conditions are not good, and the market is mainly cautious and wait-and-see. It is expected that the domestic price of ammonium sulfate will weaken and fluctuate in the short term.
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