Price trend

According to the Commodity Market Analysis System of SunSirs, the average price of ammonium sulfate in the domestic market was 980 RMB/ton on February 27th, and 880 RMB/ton on February 1st. The market price of ammonium sulfate has increased by 11.36% this month.

Analysis of Market Factors

The market price of ammonium sulfate has continued to rise this month. The operating rate of coking enterprises has remained stable this month, and the operating rate of their own facilities has increased. The demand for downstream compound fertilizer enterprises has increased, downstream pellet factories were actively restocking, and market trading was heating up. Ammonium sulfate manufacturers mainly offered high prices, while distributors actively operate. The urea market price has surged this month, which was favorable for the domestic ammonium sulfate market. As of February 27th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region was around 970 RMB/ton. CPL grade ammonium sulfate, the mainstream ex factory quotation in Shandong region was around 980-1,010 RMB/ton.

According to the weekly K-bar chart from December 2, 2024 to February 17, 2025, it can be seen that the domestic ammonium sulfate cycle was fluctuating. In February, the domestic price of ammonium sulfate increased significantly, with the largest increase being 2.76% in the week of February 10th.

Market outlook

An ammonium sulfate analyst from SunSirs believes that the ammonium sulfate market has been strong and rising recently. As of February 27th, the market demand was stable, the trading atmosphere was good, and manufacturers were mainly pushing prices. As the price of ammonium sulfate continued to rise, the market's cautious attitude increased. It is expected that in the short term, the domestic ammonium sulfate market prices will remain stable with an upward trend.

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