1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market was 1073 yuan/ton on April 28th, and 926 yuan/ton on April 1st. The market price of ammonium sulfate has increased by 15.83% this month.
2、 Market analysis
The market price of ammonium sulfate has continued to rise this month, with an increase of over 15%. In the first half of this month, the price of ammonium sulfate in the domestic market increased significantly. 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. In the second half of this month, the upward trend of the domestic ammonium sulfate market has been temporarily suspended. The operating rate of coking enterprises remains stable, and the operating rate of their internal equipment is at a low level. After the continuous rise in ammonium sulfate prices, downstream restocking enthusiasm weakened, and there was resistance to high prices. The ammonium sulfate market began to consolidate and operate. As of April 28th, 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 1060-1090 yuan/ton.
According to the weekly K-bar chart from February 3, 2025 to April 21, 2025, it can be seen that the domestic ammonium sulfate cycle is fluctuating. The domestic price of ammonium sulfate increased significantly in April, with the largest increase being 4.45% in the week of April 7th.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the domestic price of ammonium sulfate has been steadily consolidating and operating in recent days. The caprolactam plant is expected to reduce production, and market supply may decrease. Downstream essential procurement is the main focus, with limited market transactions at present. It is expected that the domestic ammonium sulfate market will experience a narrow consolidation and operation in the short term.