SunSirs--China Commodity Data Group

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SunSirs: The Recent Price Increase in the Domestic Ammonium Sulfate Market

October 16 2023 13:57:59     

On September 23rd, the benchmark price of ammonium sulfate in SunSirs was 1133.33 RMB/ton, an increase of 29.28% compared to the beginning of this month (876.67 RMB/ton).

Recently, the price of ammonium sulfate in the domestic market has increased. International market inquiries have increased, and domestic bidding prices for ammonium sulfate have increased. The market trading atmosphere is good, and the enthusiasm of downstream and dealers to purchase goods has increased. This week's strong urea price trend has a positive impact on the ammonium sulfate market. As the National Day holiday approaches, the enthusiasm for stocking in the market has increased, and dealers are actively operating. Business Society predicts that the price of ammonium sulfate will rise slightly in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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