Price trend

According to the commodity market analysis system of SunSirs, the average price of caprolactam grade ammonium sulfate in China on February 13 was 1,190 RMB/ton, which was 2.00% higher than the average price of 1,166 RMB/ton on February 9.

Market analysis

Supply and Demand Situation

Domestic ammonium sulfate prices trended upward this week. Ammonium sulfate operating rates saw slight adjustments, resulting in minimal supply fluctuations. Demand remained stable, with downstream buyers replenishing stocks as needed. New orders decreased before the holiday, with most transactions focused on fulfilling previous orders. International urea prices rose this week, indirectly benefiting the ammonium sulfate market.

Market Situation

As of February 13th, the mainstream ex-factory price of coking grade ammonium sulfate in Shandong Province was around 1,085 RMB/ton. The mainstream ex-factory price of caprolactam grade ammonium sulfate in Shandong Province was around 1,150-1,200 RMB/ton.

Market outlook:

According to analysts at SunSirs, the ammonium sulfate market has been trending upwards recently. The market remained firm, with holders maintaining their prices. Pre-holiday purchasing demand has weakened, and the domestic ammonium sulfate market is expected to remain stable in the short term.

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