1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on November 14th was 805 yuan/ton, an increase of 0.42% compared to the average price of 801 yuan/ton on November 8th.
2、 Market analysis
This week, the price of ammonium sulfate in the domestic market fluctuated narrowly and adjusted, with some regions experiencing slight price increases. The operating rate of coking enterprises remains stable, with a slight increase in the operating rate at the domestic level. This week, downstream procurement is mainly based on demand, with a wait-and-see attitude, and rare earth manufacturers are adding orders in moderation. At present, the international market situation of ammonium sulfate has not improved, and there is no short-term positive news. As of November 14th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 760 yuan/ton. Domestic grade ammonium sulfate, the mainstream factory price in Shandong region is around 810-840 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the market situation for ammonium sulfate has slightly improved recently, with a slight increase in bidding prices. But the poor export market situation has a certain impact on the domestic market. It is expected that in the short term, the domestic ammonium sulfate market will mainly experience a narrow range of price consolidation and operation.
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