Ammonium sulfate partial market downturn
ZHEJIANG HESHUO TECHNOLOGY CO.,LTD , https://www.hosuocn.com
The market for ammonium sulfate in East China fell, with Nanjing Steel dropping by RMB 50/ton at the beginning of the month, and Maanshan Steel down by RMB 50/ton at the end of the month. The high level in the region was poor and the intention to cut was stronger; the high level in Central China was lowered. Poor transaction; North China market is difficult to maintain high, prices in Hebei Province go down, the Inner Mongolia market is weak and stable, manufacturers sales in general, mainly in local digestion, foreign shipments have been reduced; Northeast market steady wait and see, offer still In high position.
With the end of the spring ploughing procurement, the fertilizer market has slowed down the purchase of ammonium sulfate; the poor performance of new orders at the port, the international ammonium sulfate market has experienced mixed up and down last week, which has little impact on the mentality of the port; and the rare earth market has no good support. However, due to the recent bleak market of coke, coke enterprises to reduce the operating rate, to form a certain support for the ammonium sulfate market. With the rigid demand weakening significantly, the late ammonium sulfate market is hard to change, and it is still likely to decline.