1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on April 14th was 1035 yuan/ton, an increase of 6.34% compared to the average price of 973 yuan/ton on April 7th.

2、 Market analysis
The price of ammonium sulfate in the domestic market has risen significantly this week. The operating rate of coking enterprises remains stable, while the operating rate of their own facilities has decreased. Part of the caprolactam enterprises have undergone equipment maintenance, resulting in a decrease in market supply. The purchasing enthusiasm of downstream particle factories has increased, leading to an increase in market demand. Recently, the price of urea has risen, which is favorable for the domestic and international ammonium sulfate market. As of April 14th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1010 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1040-1080 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the ammonium sulfate market has been trending upwards recently. At present, the spot supply of ammonium sulfate market is tight, downstream demand is following up, and manufacturers are mainly pushing prices. It is expected that in the short term, the domestic ammonium sulfate market will continue to experience strong upward movements.