Ammonium sulfate market has been strengthened

After a long time after the downturn, the market has been strong recently ammonium sulfate, stable and slightly higher prices, price rises in some areas 10 to 40 yuan / ton. July 21, Hebei Handan Iron and Steel coke plant 1000 tons of ammonium sulfate bidding, the final transaction price of 410 yuan / ton, compared with the previous week's tender price rose 10 yuan / ton, compared with the price of early June low of 370 yuan when / ton has risen up 40 yuan / ton. Currently prices vary greatly across the country ammonium sulfate, low such as Inner Mongolia, Ningxia and other places, ex-factory price of 300 yuan / ton, high such as Guangxi, Heilongjiang and other places, some manufacturers ex exceeded 600 yuan / ton.

Ammonium sulfate market has been strong, mainly for two reasons:

One autumn fertilizer production starts. In China, mainly used as raw materials to produce ammonium sulfate fertilizer, more autumn crops such as wheat, oilseed rape, cereals, vegetables, fruit trees also need additional fertilizer, manure is a second half of the fall fertilizer season, fertilizer usage larger. As the autumn fertilizer production started, the demand for ammonium sulfate is also increasing.

Second, the export situation better. Ammonium sulfate is better this year, China's export situation, the monthly export volume is 27 million metric tons, from January to May, China's total exports of ammonium sulfate 1,628,400 tons, an increase of 39.76% over the same period 1,165,100 tons last year, the first five months of exports amount is close to the annual export volume in 2011. Export large amounts of ammonium sulfate, reducing the supply pressure in the domestic market, the price of ammonium sulfate formed a certain support.

But because of ammonium sulfate production increased rapidly in recent years, especially in the construction of caprolactam, a number of large coal and natural gas by-product ammonium sulfate device, forming a greater impact on the market, coupled with the current overall still very weak fertilizer market trend Therefore, ammonium price outlook will not be much room for growth, overall, is still at historic lows
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