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 3 was 960 yuan/ton, an increase of 2.86% compared to the average price of 933 yuan/ton on March 31.
2、 Market analysis
This week, the domestic ammonium sulfate market prices have shown a strong upward trend. The operating rate of coking enterprises remains stable, while the operating rate of their own facilities has decreased. Recently, the international urea market has risen, which indirectly benefits the ammonium sulfate market. At present, the bullish sentiment in the market has increased, and downstream procurement enthusiasm has improved, resulting in good trading in the ammonium sulfate market. As of April 3rd, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 880 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 940-980 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 supply of ammonium sulfate in the market is decreasing, downstream demand is stable, and manufacturers and distributors are mainly raising prices. It is expected that the domestic ammonium sulfate market price will remain stable and rise in the short term.