1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on July 11th was 1233 yuan/ton, an increase of 2.78% compared to the average price of 1200 yuan/ton on July 7th.
2、 Market analysis
Supply and demand situation
This week, the domestic ammonium sulfate market prices have shown a strong upward trend. The operating rate of ammonium sulfate enterprises has remained stable this week. At present, the supply of ammonium sulfate in the market is stable, with manufacturers offering high prices and downstream suppliers replenishing as needed, creating a good trading atmosphere. The rise in international urea prices is favorable for the ammonium sulfate market, driving up the price of ammonium sulfate.
market conditions
As of July 11th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1145 yuan/ton. The mainstream ex factory quotation for domestic grade ammonium sulfate in Shandong region is around 1180-1240 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the recent trend of the ammonium sulfate market has been dominant. At present, the trading of ammonium sulfate market is stable, and the printing price exceeds expectations. The optimistic attitude of the nitrogen fertilizer market has increased. It is expected that the domestic ammonium sulfate market price will be relatively strong in the short term and will continue to consolidate and operate.