1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the Commodity Market Analysis System of the Business Society, the average factory price of ammonium sulfate in China was 880 yuan/ton on May 8th, and 850 yuan/ton on May 12th. This week, the price of ammonium sulfate decreased by 3.41%.
2、 Market analysis
The market price of ammonium sulfate fell this week. The international market for ammonium sulfate is still weak and there is currently no significant improvement. The domestic market trend is not good, and downstream purchases are made on demand, often at low prices. This week, the operating rate of coking grade ammonium sulfate enterprises remained stable, with poor market conditions and a decrease in bidding prices. The operating rate of domestic ammonium sulfate enterprises has decreased, the market supply is tight, and prices are firm. As of May 12th, the mainstream factory quotation for coking grade ammonium sulfate in Shandong is around 800 yuan/ton. The mainstream factory quotation for domestic ammonium sulfate in Shandong is around 850-890 yuan/ton.
| povidone Iodine |
This week, the downstream compound fertilizer market was reorganized and operated, with significant stability and minor fluctuations in the market. At present, terminal demand is gradually following up and corn fertilizer is being shipped in a centralized manner. However, the market for composite fertilizer raw materials has weakened, with insufficient cost support and unstable market mentality.
3、 Future Market Forecast
According to ammonium sulfate analysts from Business Society, the domestic ammonium sulfate market has been fluctuating and weakening recently, while foreign demand remains weak. Downstream low-priced procurement is the main focus, and market transactions are sluggish. It is expected that the ammonium sulfate market will be weak and volatile in the short term.
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