March Ammonium Sulfate Market Continues to Rise in China

March 31st, News

I. Price Trends

According to the commodity market analysis system, on March 31, the average market price of caprolactam-grade ammonium sulfate in China was 1,755 CNY per ton, while on March 1, the average market price of caprolactam-grade ammonium sulfate in China was 1,216 CNY per ton. The market price of ammonium sulfate increased by 44.25% this month.

II. Market Analysis

This month, the market price of ammonium sulfate in China has significantly increased, with a slight adjustment in the operating rates of enterprises. Due to the impact of geopolitical conflicts, international urea prices have remained high, which is beneficial for the ammonium sulfate market. Additionally, influenced by cost pressure, the tender prices for coking-grade ammonium sulfate have continued to rise, and the market for caprolactam-grade ammonium sulfate has also shown a firm upward trend. Currently, there is little change in the supply and demand dynamics of the ammonium sulfate market, with downstream buyers mainly adopting a "buy on rising, not falling" mentality. Manufacturers and distributors are experiencing smooth sales, focusing on maintaining prices. As of March 31, the mainstream ex-factory quotation for coking-grade ammonium sulfate in Shandong region is around 1520-1570 CNY/ton. For caprolactam-grade ammonium sulfate, the mainstream ex-factory quotation in Shandong region is around 1755 CNY/ton.

According to the weekly K-bar chart from January 5, 2026, to March 23, 2026, the price of ammonium sulfate in China continued to rise during the period. In March, the price of ammonium sulfate in China increased significantly, with the largest price increase occurring in the week of March 2, at 10.48%.

III. Future Market Forecast

Ammonium sulfate analysts believe that the price trend of ammonium sulfate in China has been continuously rising recently. Supported by cost factors and the increase in international urea prices, it is expected that the short-term market trend of ammonium sulfate in China will mainly continue to rise.