1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average price of ammonium sulfate in the domestic market on July 9th was 956 yuan/ton, which is a decrease of 1.88% compared to the average price of 974 yuan/ton on July 1st.

2、 Market analysis

Entering July, the domestic ammonium sulfate market saw a slight pullback after a decline in price. At present, the enterprise is operating steadily and the market supply is sufficient. The international market situation has not improved yet, and domestic manufacturers are cautious and watching. Recently, the price of domestic ammonium sulfate has slightly increased, with downstream procurement mainly based on demand. As of July 9th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 940 yuan/ton. The mainstream ex factory quotation for ammonium sulfate in Shandong region is around 930-960 yuan/ton.

3、 Future Market Forecast

According to analysts from Shengyishe Ammonium Sulfate, the recent market trend of ammonium sulfate has seen a narrow upward trend. At present, downstream delivery is cautious and the market has a strong wait-and-see attitude. It is expected that in the short term, the domestic ammonium sulfate price will mainly consolidate and operate within a narrow range.