SunSirs: Ammonium Sulfate Market Prices Weakening

I. Price Trends

According to SunSirs Commodity Market Analysis System, the average domestic ammonium sulfate market price on September 5 was 1,026 RMB/ton. Compared to the average price of 1,053 RMB/ton on September 1, domestic ammonium sulfate prices declined by 2.53%.

II. Market Analysis

Supply and Demand Situation

Last week, domestic ammonium sulfate prices trended downward. Coking plants maintained stable operating rates, while caprolactam enterprises saw a slight increase in production. Currently, the ammonium sulfate market is well-supplied, but both domestic and international demand remains weak. Downstream buyers are procuring only as needed, with bearish sentiment prevailing. Market transaction activity is sluggish, and short-term demand is unlikely to improve.

Market Conditions

As of September 5, the mainstream ex-factory quotation for coking-grade ammonium sulfate in Shandong was around 950 RMB/ton. For caprolactam-grade ammonium sulfate, the mainstream ex-factory quotation in Shandong ranged from 960 to 1010 RMB/ton.

III. Market Outlook

SunSirs' ammonium sulfate analysts note that the market has recently trended predominantly weak. Current transactions remain sluggish, with diminished purchasing enthusiasm from downstream buyers and continued weakness in exports. Domestic ammonium sulfate prices are expected to maintain a weak trajectory in the near term.

As an integrated internet platform providing benchmark prices, on September 10, the benchmark price of ammonium sulfate from SunSirs was 992.50 RMB/ton, down 6.95% from the beginning of this month (1066.67 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.