1、 Price trend
| Bacillus thuringiensis |
According to the Commodity Market Analysis System of the Business Society, the average factory price of ammonium sulfate in China was 753 yuan/ton on June 1st, and 663 yuan/ton on June 27th. The price of ammonium sulfate fell by 11.95% this month.
2、 Market analysis
The ammonium sulfate market continued to weaken this month, with prices fluctuating and falling. This month, the low level of coking grade ammonium sulfate was sorted and the price was adjusted narrowly. The quotation for domestic ammonium sulfate has been lowered. The international market for ammonium sulfate remains weak, with fewer orders. The downstream composite fertilizer market is generally weak, with on-demand procurement being the main focus. This month, urea prices weakened, negatively affecting the ammonium sulfate market. As of June 27th, the mainstream factory quotation for coking grade ammonium sulfate in Henan region is around 670 yuan/ton. The mainstream factory quotation for domestic ammonium sulfate in Shandong is around 700 yuan/ton.
According to the weekly fluctuations from March 27, 2023 to June 19, 2023, it can be seen that the rise and fall of domestic ammonium sulfate cycle are mixed. There was a significant decline in June, with the largest decline of -4.47% in the week ending June 5th.
| Gamma-PGA (gamma polyglutamic acid) |
This month, the market trend of downstream compound fertilizer was weak, and the price was low. The trend of composite fertilizer raw materials is not good, and cost support is weak. Downstream demand is sluggish, the market is sluggish, and short-term market conditions are difficult to improve.
3、 Future Market Forecast
Analysts from the Business Society believe that the demand for ammonium sulfate in domestic and foreign markets has been poor recently, and the market has a strong wait-and-see atmosphere. The downstream market is sluggish, with small purchases of raw materials being the main focus, and dealers are cautious in their operations. It is expected that the price of ammonium sulfate will continue to decline in the short term.
| http://www.lubonchem.com/ |