A Weekly Review of China's Ammonium Sulfate Market

28) The overall situation of the ammonium sulfate market is stable this week, with a slight fluctuation of 10-20 yuan/ton.
Handan area was affected by the high deposit of Huafeng's bidding, and Handan Iron and Steel supported the low position to stabilize; Tangshan had a stable transaction, and the low deposit price was quite high.
East China remained stable, with a sporadic increase of 10 yuan/ton, no increase in demand for compound fertilizer, and a shrinking stock.
Shanxi's market continues to be stable, and traders generally get the goods.
Henan continued to stabilize the market last week, with Hunan and Hubei focusing on consolidation.
Wuhai turnover rose.
The northwest, northeast and southwest markets continued to be stable.
The start of coke enterprises is limited, and Tangshan has limited production, and supply has been reduced accordingly.
Downstream product market: (1) The compound fertilizer market is at the turn of spring and summer, and compound fertilizer companies have reduced their equipment and started to meet at the same time to formulate a sales plan for the next season.
Downstream traders are also approaching the end of the season in retail sales, and the time difference between preparing fertilizers with first- and second-tier distributors has shortened, and the sell-and-take model continues.
The long-term tepid fertilizer market has kept the compound fertilizer market dimmed, ultimately due to production capacity and food prices.
??????????????? (2) The rare earth market remained up and down this week, but transactions were average.
Although the market demand is not optimistic, and the rare earth industry is also entering the off-season, rare earths are a small species and have been in a downturn in the market for half a year.
Once favorable conditions are triggered, the market price increase will be more positive.
In the process, it is expected that there is still room for rare earth prices to increase in the later period.
International Ammonium Sulfate: FOB Baltic Sea is lowered by USD 5/ton, and CFR Southeast Asia is up USD 1/ton.
Market outlook: It is expected that the ammonium sulfate market will be shipped steadily next week, and the supply of Tangshan will rebound slightly after the start of construction, so the price will not fluctuate much.
(1) According to the monitoring of this website, the operating rate of coking enterprises this week: the overall coking industry is nearly 66%, and the independent coking enterprises are around 69%.
The overall change from last week is not much.
Tangshan limited production due to the opening ceremony of the Expo.
Basically, the start-up will be adjusted to 50%.
However, due to the increase in coke storage and production in other regions, the space for production increase is limited, mainly due to the lack of coking coal supply.
(2) In terms of demand: compound fertilizer starts to decrease, rare earths are average, overall demand is weakened, and the port has no order support.
However, due to the reduced supply, ammonium sulfate remains stable.
(3) The downstream compound fertilizer is stable, and the rare earth market is not optimistic.
? The region went up and down this week and last week