SunSirs: Ammonium Sulfate Prices Continued Strong Upward Trend (April 1–8)

Price trend

According to the SunSirs Commodity Market Analysis System, on April 8, the average domestic market price for caprolactam-grade ammonium sulfate stood at 1,813 RMB/ton. This represents a 2.26% increase compared to the average price of 1,773 RMB/ton recorded on April 1.

Market analysis

Supply and Demand Overview

Last week, domestic ammonium sulfate market prices continued their upward trend, while production operating rates underwent minor adjustments. International urea prices remained at elevated levels, providing a positive boost to the ammonium sulfate market outlook. Lower-priced ammonium sulfate grades began to catch up in value; factory quotations remained firm, and—facing no immediate pressure to clear inventory—producers continued to push prices higher. Downstream buyers maintained a predominantly cautious stance, procuring supplies strictly on an as-needed basis.

Market Overview

As of April 8, the mainstream ex-factory quotation for coking-grade ammonium sulfate in the Shandong region stood at approximately 1,620 RMB/ton. For caprolactam-grade ammonium sulfate, the mainstream ex-factory quotation in the Shandong region ranged from approximately 1,790 to 1,820 RMB/ton.

Market Outlook:

According to analysts at SunSirs, market trends for ammonium sulfate have continued their upward trajectory in recent days. Currently, favorable factors are dominant, market sentiment remains optimistic, and ammonium sulfate prices are holding firm. It is anticipated that domestic ammonium sulfate prices will continue to trend upward in the short term.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.