Market price of ammonium sulfate plummeted

Market price of ammonium sulfate plummeted According to statistics, on the 15th, the domestic market for ammonium sulfate continued to decline, and the transaction was poor.

The low-end prices in East China are constantly being refreshed. Prices in Shandong and Jiangsu and Zhejiang are at 530-600 yuan/tonne, and transactions are mostly in the low-middle; Shanxi and Inner Mongolia focus on 400 yuan/ton; Jiangxi and the two lakes are basically executed at 450-500 yuan. / Tons, high shipments are not good; southwest and northwest markets are weak, with poor transactions; ammonium sulfate in the northeast region is operating stably, and the factory shipments are basically the same as the previous period. Although there are certain transactions, the speed of taking goods is relatively slow. Downstream purchases are more cautious, and the low price in Heilongjiang is now at RMB 600/ton.

Last week, the international market for ammonium sulfate was narrowly consolidated, with no good support for exports, and it was difficult to obtain large orders for exports. At the same time, sporadic purchases of fertilizers and rare earth minerals were mainly based on demand, and traders were not confident in the market. It is expected that the market outlook for ammonium sulfate will continue its downward trend, and it is recommended that merchants remain cautious in stocks.

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