Price Trends

According to the SunSirs Commodity Market Analysis System, the average domestic market price for caprolactam-grade ammonium sulfate stood at 1,813 RMB/ton on May 21. This represents a 6.85% decline compared to the average price of 1,946 RMB/ton recorded on May 14.

Market Analysis

Supply and Demand Overview

Recently, the domestic ammonium sulfate market has begun to show signs of weakness and decline. The recent softening of the urea market—characterized by significant price reductions—has indirectly exerted downward pressure on the ammonium sulfate market. Currently, demand for ammonium sulfate is waning, and export market conditions remain lackluster; following a sustained period of decline, market sentiment has shifted toward a "buy on the rise, hold off on the fall" mentality.

Market Overview

As of May 21, the mainstream ex-factory quotation for coking-grade ammonium sulfate in the Shandong region stood at approximately 1,300–1,390 RMB/ton. For caprolactam-grade ammonium sulfate, the mainstream ex-factory quotation in the Shandong region was around 1,800–1,840 RMB/ton.

Market Outlook

According to analysts at SunSirs, the ammonium sulfate market has recently exhibited a predominantly downward trend. Driven by weakening domestic demand and lackluster export performance, the market is expected to maintain its bearish trajectory in the short term, with prices continuing to decline.

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