Price trend:

According to the commodity market analysis system of SunSirs, the average price of caprolactam sulfate in China on November 14 was 1,053 RMB/ton, which was 1.61% higher than the average price of caprolactam sulfate in China on November 8, which was 1,036 RMB/ton.

Market Analysis

Supply and Demand Situation

Domestic ammonium sulfate prices rose slightly last week. Ammonium sulfate plant operating rates remained stable, while caprolactam grade plants may reduce operating rates later. Ammonium sulfate manufacturers mainly maintained their prices, with coking grade ammonium sulfate prices remaining stable for the time being, while caprolactam grade manufacturers raised their prices. Downstream demand was mainly for restocking, with most adopting a wait-and-see attitude, resulting in a quiet market trading atmosphere.

Market Situation

As of November 14th, the mainstream ex-factory price of coking grade ammonium sulfate in Shandong Province was around 940 RMB/ton. The mainstream ex-factory price of caprolactam grade ammonium sulfate in Shandong Province was around 1,020-1,060 RMB/ton.

Market outlook

According to analysts at SunSirs, the ammonium sulfate market saw a steady upward trend recently. As of November 14th, demand for ammonium sulfate was stable, and domestic prices were favorable. It is expected that the domestic ammonium sulfate market price will mainly fluctuate upward within a narrow range in the short term.

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