October 12th, News
Key Takeaways
This daily report is based on the latest spot price data for ammonium sulfate as of October 11, 2026. Using the official mean difference analysis method, it is determined that the current price of ammonium sulfate is in a clear downward trend. In the short term, the spot market has weakened due to leading companies continuously lowering their ex-factory quotes. The 60-day cycle price is at a high level with limited room for further increases. This content can be used as a reference for decision-making by upstream and downstream enterprises and traders in the fertilizer and chemical industry chains in China.
Data Explanation
The latest available data is up to October 11, 2026. It is recommended to refer to real-time data.
1. Mean Difference Change Table
| Average Difference Indicator | (2026.10.11) | (2026.10.10) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -10.66 | -9.33 | - |
| 10-Day Average Difference (D10) | -8.00 | -5.34 | - |
| 20-Day Average Difference (D20) | 8.17 | 12.50 | - |
Calculation rules: D5 = the day's price - 5-day average, D10 = 5-day average - 10-day average, D20 = 10-day average - 20-day average
2. Signal Status Judgment
The current three deviations have all changed in the same negative direction compared to the previous day, corresponding to a clear downward signal.
3. Trend Direction Conclusion
The current trend is downward.
Reason: The changes on the 5th, 10th, and 20th are all negative and consistent with the previous day, meeting the criteria for a clear downward trend. Additionally, from October 8th to 10th, Hualu Hengsheng continuously reduced the factory price of ammonium sulfate for three days. The price of ammonium sulfate for caprolactam grade was cumulatively reduced by 20 CNY per ton, and the price of ammonium sulfate for power plant grade was cumulatively reduced by 80 CNY per ton. The weakening of the spot market provides clear support, and the short-term downward trend is expected to continue.
4. Position Space Reference
Ammonium sulfate 60-day and 3-month cycle prices are at a high level, corresponding to the 5th tier of the 5-tier price structure, with limited short-term upside potential; the 1-year cycle price is at a medium-low level, corresponding to the 2nd tier of the 5-tier price structure, with limited long-term downside potential.
5. Trend chart display
6. Reference for Upstream and Downstream of the Industry Chain in China
Upstream commodity: Sulfuric acid
Downstream products: potassium persulfate, rare-earth mining, leather de‑ashing agent, dyeing auxiliary, ammonium alum, crops, compound fertilizer, refractory materials, catalyst.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
