Price trend

According to the Commodity Market Analysis System of SunSirs, the average price of ammonium sulfate in the domestic market on August 8th was 921 RMB/ton, which was stable compared to the average price of 921 RMB/ton on August 1st.

Analysis review

This week, the domestic ammonium sulfate market prices fluctuated slightly. The operating rate of coking grade ammonium sulfate enterprises was stable, and the operating rate of CPL grade ammonium sulfate enterprises was relatively high. The enthusiasm for downstream procurement was poor, and the market trading atmosphere was limited. As of August 8th, there was a large inventory in the port, and the export market had not improved yet. As of August 8th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region was around 880 RMB/ton. Domestic CPL grade ammonium sulfate, the mainstream ex factory quotation in Shandong region was around 910-950 RMB/ton.

Market outlook

An ammonium sulfate analyst from SunSirs believes that the ammonium sulfate market has experienced narrow fluctuations in recent days. As of August 8th, the domestic and international market conditions were not good, and the market was mainly cautious and wait-and-see. It is expected that the domestic price of ammonium sulfate will fluctuate and weaken in the short term.

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