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SunSirs: Ammonium Sulfate Continued to Weaken in a Narrow Range on December 29
December 30 2020 11:01:34SunSirs(John)

Product name: Ammonium Sulfate

The latest price (December 29): 560 RMB/ton

Analysis review  

On December 29th, ammonium sulfate continued to weaken, with a narrow downward trend. The mainstream ex-factory price of ammonium sulfate in Henan was about 530-570 RMB/ton. The mainstream ex-factory price of powdered ammonium sulfate in Hebei was around 600 RMB/ton, which was relatively stable. The mainstream ex-factory price of ammonium sulfate in Shandong was around 380-575 RMB/ton, slightly down. Ammonium sulfate in Shanxi was 490-520 RMB/ton. The mainstream ex-factory price of ammonium sulfate in Hunan was about 700 RMB/ton, which was relatively stable. The price of caprolactam-grade ammonium sulfate was mainly consolidating, and the price had no obvious fluctuations.

Market outlook

The ammonium sulfate analyst of SunSirs believes that the overall market trading atmosphere of ammonium sulfate is general, and downstream manufacturers are about to consume and dealers mainly purchase on demand. The demand is limited, and the new order transactions are poor. It is expected that the price of ammonium sulfate will remain stable in the short term.

If you have any questions, please feel free to contact SunSirs with suooort@sunsirs.com.

 

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