2021 ammonium sulfate showed a bright performance and the export volume reached a new high

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the bulk list data of business society, ammonium sulfate increased by 214.29% in 2021, with the largest increase of 240.48% in the year. On January 1, the average factory price of domestic ammonium sulfate was 560 yuan / ton, and on December 31, the average factory price of domestic ammonium sulfate was 1760 yuan / ton. The highest price of ammonium sulfate in the year is 1906 yuan / ton, and the lowest price in the year is 560 yuan / ton,

 

2、 Market analysis

 

In 2021, the total capacity of ammonium sulfate will be 18.55 million tons, an increase of 2.6 million tons compared with last year, an increase of 16.3%. In 2021, the output of ammonium sulfate was 1.37 million tons, with a year-on-year increase of 3.4%. The export volume of ammonium sulfate from January to November in 2021 was 9.188 million tons, an increase of 1.53 million tons over last year, a year-on-year increase of 20%. In 2021, the export volume of ammonium sulfate reached a record high. On October 15, 2021, the policy stipulates that the import and export of chemical fertilizer shall be subject to legal inspection, but excluding ammonium sulfate, the export volume of ammonium sulfate has increased greatly. Shandong Hualu Hengsheng, Inner Mongolia Qinghua Group and Lunan Chemical have successfully put into production, and the supply of ammonium sulfate has increased.

 

The market trend of ammonium sulfate rose sharply in 2021. From the beginning of the year, ammonium sulfate rose continuously to October, and then fell to the end of the year. The biggest increase in the year was in October, with an increase of 62.96%. The biggest decline in the year was in August, with a decline of 4.89%.

 

From January to March 2021, the price of ammonium sulfate rose sharply, with an increase of 61.91%. At the beginning of this year, the fertilizer market has been pleasantly surprised, and nitrogen, phosphorus, potassium and compound fertilizer have risen across the board. The export market of ammonium sulfate performs well, the overall inventory of the enterprise is not high, the supply of ammonium sulfate in the field is tight, and the enterprise has strong intention to support the price.

 

From April to June 2021, the price of ammonium sulfate increased, with a decrease of 13.36%. The price of compound fertilizer raw material urea rises, and the price of compound fertilizer increases accordingly. Due to the increase of cost, the pressure of compound fertilizer enterprises increases. With the increase of fertilizer use, the market atmosphere is gradually improved, and the demand for ammonium sulfate increases under the high-level operation of urea. Some enterprises and dealers use ammonium sulfate instead of urea fertilizer.

 

From July to September 2021, the price of ammonium sulfate increased by 8.33%. Due to the overhaul of some caprolactam enterprises, the supply of caprolactam grade ammonium sulfate decreased and the output was affected. Under the influence of environmental protection and dual control, it is difficult to increase the supply of ammonium sulfate. Downstream compound fertilizer raw material prices are strong, enterprises purchase on demand, and the demand for ammonium sulfate is acceptable. The price of ammonium sulfate rose steadily.

 

Sodium Molybdate

In October 2021, the price of ammonium sulfate rose sharply, with a monthly increase of 62.96%. From the second half of October, the price of ammonium sulfate began to rise sharply, ranging from 500-1000 yuan / ton. The domestic market is good, and many enterprises raise prices. Foreign demand is booming and orders are increasing. Due to good demand and tight supply, ammonium sulfate keeps rising. The price of ammonium sulfate rose to the highest level of 1906 yuan / ton in the year.

 

From October to December 2021, the price of ammonium sulfate decreased by 7.696%. Due to the decline in the price of compound fertilizer raw materials and insufficient cost support, there is no clear guidance in the market. Ammonium sulfate is dominated by weak domestic market. Although the demand side is still, downstream enterprises are resistant to high prices and have an obvious wait-and-see attitude. Since December, the demand side continued to be depressed, and the price trend of ammonium sulfate fell to the end of the year.

 

3、 Future forecast

 

According to the ammonium sulfate analysts of business society, ammonium sulfate will perform well in 2021, and the price of ammonium sulfate will rise sharply. The export volume of ammonium sulfate increased significantly, reaching a record high. At the end of the year, the market of ammonium sulfate began to weaken, and the price of ammonium sulfate fell back in the short term. It is expected that ammonium sulfate will continue a strong trend next year. It is suggested to pay attention to the export volume and demand change of ammonium sulfate.

http://www.lubonchem.com/

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