1、 Price trend
| Sodium Molybdate |
According to commodity data monitoring, the price of ammonium sulfate rose this week. The average price of ammonium sulfate was 616.67 yuan / ton at the beginning of the week and 643.33 yuan / ton at the end of the week. The price was increased by 4.32% during the week.
2、 Market analysis
This week, the price of ammonium sulfate rose. Yesterday, the mainstream price of domestic ammonium sulfate market rose with the auction price, and the overall trend of domestic ammonium sulfate was good. At present, export orders are performing well. Under the influence of domestic downstream manufacturers’ mentality of buying up but not buying down, winter storage is more active than the previous period, and the volume of goods received increases. Coking grade ammonium sulfate was raised, and the domestic grade ammonium sulfate Market was strong. By the end of the week, the mainstream price of powdery ammonium sulfate in Hebei was 650 yuan / ton, that in Shandong was 550-580 yuan / ton, and that in Hunan was about 700 yuan / ton.
Under the influence of the mentality of buying up but not buying down, the downstream manufacturers are more active in winter storage than in the early stage, and the receiving volume increases. At present, the enterprise inventory is generally low, ammonium sulfate market rose this week. The Spring Festival holiday is approaching, the downstream stock tends to end, and ammonium sulfate will stabilize.
3、 Future forecast
According to the ammonium sulfate analysts of business news agency, the mainstream price of domestic ammonium sulfate market rose with the auction price yesterday, the downstream receiving volume increased, the winter storage was more active than the previous period, and the overall purchasing atmosphere of coking grade ammonium sulfate was relatively active. The demand of internal ammonium sulfate is stable. As the Spring Festival approaches, it is expected that the coking grade ammonium sulfate will be stabilized in the short term, and the internal grade ammonium sulfate will be stabilized in the short term.
| ferric sulfate (Poly ferric sulphate) |