Price trend

According to the monitoring data of SunSirs, the average factory price of domestic ammonium sulfate was 1,403 RMB/ton on December 9, and 1,386 RMB/ton on December 15. The price of ammonium sulfate fell 1.19% this week.

Analysis review

This week, the market of ammonium sulfate mainly declined. Domestic demand was weakening and export market was weak. The bidding price of ammonium sulfate in coking plant was lowered, and the operating rate of enterprises was increased. Caprolactam grade ammonium sulfate also decreased slightly, and the operating rate of enterprises decreased slightly. As of December 15, the main factory quotation of coking grade ammonium sulfate in Shandong was about 1,380 RMB/ton. The mainstream factory quotation of ammonium sulfate in Hebei was about 1,400 RMB/ton. Caprolactam grade ammonium sulfate, the factory quotation in Shandong was 1,300-1,420 RMB/ton.

This week, the downstream compound fertilizer market was sorted out at a high level, and most enterprises mainly implemented early orders. Recently, the price trend of raw materials was relatively strong, the cost pressure of compound fertilizer was increasing, and the enterprise was cautious in quoting.

Market outlook

Ammonium sulfate analysts from SunSirs believe that the market of ammonium sulfate has declined slightly in recent days, trading on the market has decreased, and demand at home and abroad is weak. Under the condition of poor demand, the price of ammonium sulfate is expected to fall slightly in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com