Ammonium sulfate market retreat

According to monitoring data, on the 8th, the domestic ammonium sulfate market went down at a high level and the transaction was poor.

The market price in Shandong is still not fluctuating. Real prices are still lower. Some merchants have kept lows of RMB 620-630/tonne; Jiangsu, Zhejiang and Anhui markets have also discussed space, and the high turnover on the floor has been poor; Hebei, Shanxi and Henan The market is operating smoothly; actual prices in the two lakes region are 570-650 yuan/ton; in Wuhai, Inner Mongolia is 450-460 yuan/ton, in Shaanxi, 500-550 yuan/ton in the mainstream, and 500 yuan/ton in Ningxia; and in Heilongjiang in Heilongjiang. 700 yuan / ton high, poor transactions.

Ammonium sulphate prices have remained at a low level despite the lack of favorable stimulus on the demand side. At present, a new round of bidding for urea in India has hit the domestic urea market. This week's international ammonium sulphate prices have fallen significantly, and the port trading is difficult to pick up. There is no new good for the rare earth surface. Under the background of weak demand, the short-term market for ammonium sulphate is difficult and the highs are still likely to go lower.