1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on July 4th was 1223 yuan/ton, which is 2.13% lower than the average price of 1250 yuan/ton on June 30th.
2、 Market analysis
Supply and demand situation
This week, the domestic ammonium sulfate market prices continued to decline. This week, there was a slight adjustment in the operating rate of ammonium sulfate enterprises, a decrease in the operating rate of coking enterprises, and an increase in the operating rate of domestic enterprises. At present, there is still support for the export of ammonium sulfate, but the release of demand is limited. Recently, the price of urea has been adjusted and running, and the ammonium sulfate market is mainly observing. Downstream urgent procurement has led to resistance to high prices, resulting in a decline in the transaction price of ammonium sulfate in the market.
market conditions
As of July 4th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1120 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1165-1200 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the recent trend of the ammonium sulfate market is mainly downward. At present, the transactions in the ammonium sulfate market are limited, and many are adopting a cautious and wait-and-see attitude. It is expected that the domestic ammonium sulfate market price will be weak and stable in the short term.