SunSirs: Ammonium Sulfate Fluctuated Slightly in a Narrow Range on December 23
December 24 2020 09:56:38     SunSirs (John)Product name: Ammonium Sulfate
The latest price (December 23): 566.67 RMB/ton
Analysis review
On December 23, the ammonium sulfate market fluctuated within a narrow range and went down slightly. 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 400-575 RMB/ton, slightly down. 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, with low manufacturer inventory and low port inventory. However, downstream demand is general, and new orders are limited. It is expected that the price of ammonium sulfate will remain stable in the short term.
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