Price trend

According to the monitoring data of SunSirs, the domestic average ex-factory price of ammonium sulfate was 906 RMB/ton on April 12, and the average ex-factory price on April 16 was 906 RMB/ton. The price was stable this week.

Analysis review

The price of ammonium sulfate was stable this week. Coking grade ammonium sulfate remained stable at a high level, and the caprolactam grade ammonium sulfate market was firm. As of the weekend, the mainstream ex-factory price of coking grade ammonium sulfate in Shandong area was 800-850 RMB/ton, the mainstream ex-factory price of coking grade ammonium sulfate in Hebei area was 770-830 RMB/ton, and the mainstream ex-factory price of coking grade ammonium sulfate in Shanxi area was 750-840 RMB/ton. The mainstream ex-factory price of coking grade ammonium sulfate was 700-800 RMB/ton.

The downstream compound fertilizer market was stable this week. Compound fertilizer raw materials were operating at a high level, cost support was favorable, and the trading atmosphere was not strong. The demand for ammonium sulphate was general, and most of them were purchased on demand. The market was dominated by a wait-and-see attitude, and demand needed to be improved.

Market outlook

The ammonium sulfate analyst of SunSirs believes that the current demand for coking grade ammonium sulfate is not large, and the transaction is average. The downstream still conflicts with the price and purchases on demand. Ammonium sulphate is expected to consolidate at a high level in the short term.

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