1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market was 980 yuan/ton on February 27th, and 880 yuan/ton on February 1st. The market price of ammonium sulfate has increased by 11.36% this month.

2、 Market analysis

The market price of ammonium sulfate has continued to rise this month. The operating rate of coking enterprises has remained stable this month, and the operating rate of their own facilities has increased. The demand for downstream compound fertilizer enterprises has increased, downstream pellet factories are actively restocking, and market trading is heating up. Ammonium sulfate manufacturers mainly offer high prices, while distributors actively operate. The urea market price has surged this month, which is favorable for the domestic ammonium sulfate market. As of February 27th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 970 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 980-1010 yuan/ton.

According to the weekly K-bar chart from December 2, 2024 to February 17, 2025, it can be seen that the domestic ammonium sulfate cycle is fluctuating. In February, the domestic price of ammonium sulfate increased significantly, with the largest increase being 2.76% in the week of February 10th.

3、 Future forecast

An ammonium sulfate analyst from Shengyi Society believes that the ammonium sulfate market has been strong and rising recently. At present, the market demand is stable, the trading atmosphere is good, and manufacturers are mainly pushing prices. As the price of ammonium sulfate continues to rise, the market’s cautious attitude increases. It is expected that in the short term, the domestic ammonium sulfate market prices will remain stable with a moderate upward trend.