1. Price trend
According to the commodity market analysis system of SunSirs, the average price of domestic ammonium sulfate market was 1,076 RMB/ton on May 29, and the average price of domestic ammonium sulfate market was 1,026 RMB/ton on May 1. The market price of ammonium sulfate fell by 4.64% this month.
2. Market analysis
The market price of ammonium sulfate fell weakly this month. The operating rate of coking enterprises did not fluctuate much this month, and the operating rate of hexane grade was slightly adjusted. In the first half of this month, the domestic ammonium sulfate price was mainly downward. The market demand for ammonium sulfate was not good, and the granule manufacturers and downstream compound fertilizer companies mainly needed to replenish stocks. The market inquiries decreased, and they were mostly cautious and wait-and-see. In the second half of this month, the domestic ammonium sulfate price continued to fall. The downward trend of urea prices was negative for the ammonium sulfate market, and the export market of ammonium sulfate was still weak. As of May 29, the mainstream ex-factory quotation of coking-grade ammonium sulfate in Shandong was about 940 RMB/ton. For caprolactammonium sulfate, the mainstream ex-factory price in Shandong is about 1,000-1,040 RMB/ton.
According to statistics from March 3, 2025 to May 19, 2025, domestic ammonium sulfate has experienced both ups and downs during the cycle. In May, the domestic ammonium sulfate price fell significantly, with the largest drop of 1.19% in the week of May 19.
3. Market Forecast
Ammonium sulfate analysts at SunSirs believe that the domestic ammonium sulfate price has been running weakly and steadily recently. At present, the demand for ammonium sulfate in the market is limited, the transaction is weak, and the downstream purchases are mainly on demand. In the absence of favorable conditions in the near future, it is expected that the domestic ammonium sulfate market price will be weak in the short term.
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