echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Agriculture News > Fertilizer News > Entering 2016, the ammonium sulfate market has improved and prices have risen slightly

    Entering 2016, the ammonium sulfate market has improved and prices have risen slightly

    • Last Update: 2022-03-28
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    After falling prices in mid-to-late December, the ammonium sulphate market went better in 2016, with prices rising slightly.
    Some manufacturers in Hebei, Shanxi, Henan, Hunan and other ammonium sulphate prices increased by 10-40 yuan/ton from before New Year's Day.
    The price increase of ammonium sulfate is mainly due to three reasons: First, the market demand has improved.
    At the end of last year, due to the sharp drop in the price of urea, the price of ammonium sulfate also fell.
    However, after falling to a certain level, bargain-hunting funds began to intervene, and market demand improved again.
    In addition, the rare earths are currently underway and the demand for ammonium sulfate increased.
    , Making the price start from falling to rising.
    Although the price of urea is still falling, the ammonium sulfate market has not been affected by it anymore, but has gone out of the independent market.
    The second is the limited production of coking plants.
    An important source of ammonium sulfate in my country comes from the coking industry.
    Due to the decline in the operating rate of the iron and steel industry, the prosperity of the coking industry has also fallen sharply.
    There are many companies that stop and reduce production, resulting in a reduction in the output of coking ammonium sulfate and a tight supply of local sources.
    The third is the large export volume.
    According to national customs statistics, from January to November 2015, my country exported a total of 4,614,700 tons of ammonium sulfate, a year-on-year increase of 26.
    37%.
    In 2015, it was about 5 million tons, a record high.
    At the same time, export prices are also rising.
    The average export unit price from January to November was US$132.
    07/ton, a year-on-year increase of 4.
    37%, showing a good momentum of price increase and volume increase.
    Good export conditions have not only alleviated the supply pressure on the domestic market, but also raised prices in the domestic market.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.