Increased demand leads to an increase in ammonium sulfate prices (4.5-4.11)

1、 Price trend


According to the Commodity Market Analysis System of Business Society, the average price of domestic ammonium sulfate market was 765 yuan/ton on April 5th, and 793 yuan/ton on April 11th. This week, the price of domestic ammonium sulfate market increased by 3.70%.


2、 Market analysis


The domestic ammonium sulfate market price has risen this week. The demand for downstream rare earths has increased, and the trading atmosphere has improved, leading to an increase in the bidding price of ammonium sulfate. But the export market is still weak and difficult to improve in the short term. This week, urea prices have shown a positive trend, which is beneficial for the domestic nitrogen fertilizer market. As of April 11th, the mainstream ex factory quotation for coking grade ammonium sulfate in Hebei region is around 740-790 yuan/ton. The mainstream ex factory quotation for ammonium sulfate in Shandong region is around 780-810 yuan/ton.


3、 Future Market Forecast


An analyst at Shengyishe Ammonium Sulfate believes that the price of ammonium sulfate has been on the rise recently. The urea market is strong, supported by favorable factors such as increased downstream restocking. However, international demand remains sluggish, and the upward trend of ammonium sulfate is limited. It is expected that the domestic ammonium sulfate price will slightly consolidate and rise in the short term.

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