1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average price of domestic ammonium sulfate market was 796 yuan/ton on April 15th, and 790 yuan/ton on April 19th. This week, the price of domestic ammonium sulfate market decreased by 0.84%.

2、 Market analysis

This week, the domestic ammonium sulfate market price slightly declined. Downstream compound fertilizer enterprises mainly focus on procurement in demand, and the trading atmosphere is flat. The export market is still weak and difficult to improve in the short term. This week, urea prices have risen, but after the increase, the market has a resistance to high prices, and new transactions are limited, which has a certain impact on ammonium sulfate. As of April 19th, the mainstream ex factory quotation for coking grade ammonium sulfate in Hebei region is around 750-790 yuan/ton. The mainstream ex factory quotation for ammonium sulfate in Shandong region is around 790-810 yuan/ton.

3、 Future Market Forecast

According to analysts from Business Society, the price of ammonium sulfate has slightly fallen recently. The export market is sluggish, and there is currently no positive news in the market due to downstream demand for procurement. It is expected that in the short term, the domestic ammonium sulfate price will mainly consolidate and operate within a narrow range.