1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average market price of domestic grade ammonium sulfate on November 21 was 1063 yuan/ton, an increase of 0.31% compared to the average market price of 1060 yuan/ton on November 17.
2、 Market analysis
supply and demand situation
The price of ammonium sulfate in the domestic market has slightly increased this week. This week, the operating rate of coking grade ammonium sulfate remained stable, while the operating rate of domestic grade ammonium sulfate decreased. The market supply decreased, and domestic manufacturers mainly raised prices. The enthusiasm for downstream procurement is not high, and many adopt a wait-and-see attitude. The transaction volume of ammonium sulfate market is limited, and terminal demand needs to be improved.
market situation
As of November 21st, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 940 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1040-1070 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the market trend of ammonium sulfate has slightly increased in recent days. At present, the demand for ammonium sulfate in the market is stable, and downstream demand for replenishment is urgent. It is expected that the short-term domestic ammonium sulfate market will mainly experience a narrow adjustment in price.