Price trend

According to the Commodity Market Analysis System of SunSirs, the average price of ammonium sulfate in the domestic market on January 17th was 860 RMB/ton, an increase of 1.18% compared to the average price of 850 RMB/ton on January 13th.

Analysis review

The price of ammonium sulfate in the domestic market has risen this week. The operating rate of coking enterprises remained stable, and their internal equipment was operating at high loads. Recently, the demand in the export market has increased, and the price of domestic grade ammonium sulfate has risen strongly. The demand for downstream particle factories was stable, and the market transaction atmosphere was improving. As of January 17th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region was around 850 RMB/ton. CPL grade ammonium sulfate, the mainstream ex factory quotation in Shandong region was around 890-920 RMB/ton.

Market outlook

An ammonium sulfate analyst from SunSirs believes that the market for ammonium sulfate has been trading well in recent days, with market prices continuing to rise. As of January 17th, domestic and international demand was strengthening, and manufacturers were mainly pushing prices. Under the influence of favorable factors, it is expected that the domestic ammonium sulfate market prices will continue to rise in the short term.

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