Ammonium sulfate prices in August

In July, with the northern summer agricultural demand, domestic Ammonium sulfate market trend had been a short-term shock, the mainstream low-end ex-factory price maintained at 1650 yuan (ton price, the same below). Expected August Ammonium sulfate market will maintain downward trend weakness.

At present, the mainstream ex-factory price of Ammonium sulfate of Ammonium sulfate in 1650 ~ 1800 yuan, the same period last year in 2100 ~ 2200 yuan, down 400 yuan. As the farmers use fertilizer habits change, the northern summer maize fertilizer demand fell significantly. The northern summer fertilizer basically ended, in August domestic demand mainly concentrated in the south of the two seasons, the production of autumn compound fertilizer plant fertilizer raw materials procurement, and sheet metal, chemical industry. Recently there are a number of new Ammonium sulfate manufacturers parking overhaul. August domestic Ammonium sulfate starts or will remain at 75% ~ 80%.

Since July 1st, the Ammonium sulfate into the export window period has been almost a month, while the international Ammonium sulfate FOB price has remained at $310. The price is too low so that domestic Ammonium sulfate export is not optimistic about the price, even below the $300. However, in July this year, domestic Ammonium sulfate exports or a substantial increase over the same period than in previous years.

India recently held a not quantitative Ammonium sulfate open tender, the tender will end in July 26th, the time of shipment before September 20th. This is the third time India tender Ammonium sulfate 2013/14 fiscal year. The first two tender respectively: June 3rd to the end of the tender, with a $331.5 CIF to purchase 1055000 tons of Ammonium sulfate; the end of June 22nd 303.33 to 304.4 dollar bid, to purchase 560000 tons of Ammonium sulfate. It is reported that India Ammonium sulfate stock is less than 1000000 tons of the three quarter in July, according to the demand of about 3000000 tons per month, the bidding is a must, or the India domestic chemical fertilizer market in early 9 will appear shortage. Estimated that the India Ammonium sulfate tender volume will reach 1000000 tons, of which 300000 ~ 400000 tons purchased from Iran, the rest from china. Price of India to the price down to $300.

If India bidding price of Ammonium sulfate below $300, reduced Chinese Ammonium sulfate ex-factory price will be lower than 1500 yuan. Domestically, As the international Ammonium sulfate market perspective, the price of Ammonium sulfate is India wishful thinking. Because of the early Eastern Europe Ammonium sulfate supplier active limiting, Egypt as the natural gas supply problems forced to reduce production, combined with previous international traders and suppliers a large number of shipments, the Middle East, Eastern Europe, the main market for the supply of production in July sold out the basic, in the middle of July, the international price of Ammonium sulfate rebound slightly, the current Yuzhnyy Ammonium sulfate FOB price in 317 ~ 328 dollars. However, does not preclude India bidding once again lead the international prices may fall.

Frankie is the freelance writer for e-commerce website in the chemistry. Guidechem.com is just a place for you to look for some chemicals. Our guidechem provide the most convenient conditions for the international buyers and let these leads benefit all the business people. Guidechem chemical B2B network provides information on china and global chemical market quotation and relative chemical Information. Guidechem Chemical Network providing the most complete information of the chemical industry.