1、 Price trend
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According to the Commodity Market Analysis System of Business Society, the average price of domestic ammonium sulfate market on January 15th was 811 yuan/ton, and on January 19th, the average price of domestic ammonium sulfate market was 881 yuan/ton. This week, the price of domestic ammonium sulfate market increased by 8.62%.
2、 Market analysis
The domestic ammonium sulfate market price has risen this week. This week, there has been an increase in market inquiries, an improved trading atmosphere, and a continuous increase in the bidding price of ammonium sulfate. Recently, the international urea price has risen, which has indirectly benefited the ammonium sulfate market. As of January 19th, the mainstream market price for coking grade ammonium sulfate in Hebei Province is around 830 yuan/ton. The mainstream ex factory quotation for ammonium sulfate in Shandong region is around 900-960 yuan/ton.
3、 Future Market Forecast
Analysts from Shengyishe Ammonium Sulfate believe that the price trend of ammonium sulfate has been improving recently. Particle manufacturers actively follow up, replenish downstream as needed, and remain cautious about high prices, with limited room for growth. It is expected that the domestic ammonium sulfate market will be relatively strong in the short term, with consolidation and operation being the main focus.
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