Increased Demand and Stronger Ammonium Sulfate Market

Price trend

According to monitoring data, the average domestic ex-factory price of ammonium sulfate was 1,325 CNY/ton on September 2, and the average domestic ex-factory price of ammonium sulfate was 1,405 CNY/ton on September 8. This week, the price of ammonium sulfate rose by 6.04%.

Market analysis

The market price of ammonium sulfate rose sharply this week. At present, the downstream operating rate of ammonium sulfate has increased, and the demand for ammonium sulfate has increased. There are many export inquiries, and the ammonium sulfate market is running well. The urea market rose this week, which is good for the ammonium sulfate market. Under the influence of multiple favorable factors, the bidding price of ammonium sulfate in the coking plant has been greatly increased, and the domestic-level enterprises are selling at a high price. As of September 8, coking grade ammonium sulfate, the mainstream ex-factory price of ammonium sulfate in Shandong is 1420-1570 CNY/ton, and the mainstream ex-factory price of ammonium sulfate in Hebei is about 1460 CNY/ton. For caprolactone-grade ammonium sulfate, the mainstream ex-factory price in Shandong is 1450-1580 CNY/ton.

This week, the downstream compound fertilizer market is stable, the operating rate has increased, and the purchase of ammonium sulfate is mainly needed. At present, the demand for urea is booming, nitrogen fertilizer is trending well, and urea is still the main upward trend in the market outlook.


market outlook

Ammonium sulfate analysts believe that the current ammonium sulfate market trend is strong, downstream demand is increasing, and manufacturers and distributors have raised prices. The trading volume in the market increased, and the supply began to be tight. In the case of good demand, it is expected that the ammonium sulfate market will continue to rise in the short term, and the trend will continue to run upwards.