1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on May 9th was 1073 yuan/ton, which was 0.31% lower than the average price of 1076 yuan/ton on May 5th.
2、 Market analysis
This week, there was a narrow adjustment in the domestic ammonium sulfate market price. The fluctuation of enterprise operating rate is not significant, and the main focus is on executing early orders. This week, the coking grade ammonium sulfate market remained stable, while the domestic grade ammonium sulfate saw a slight decline. At present, the enthusiasm for downstream procurement has weakened, and more caution is being exercised, with a focus on replenishing urgently needed goods. As of May 9th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1040 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1050-1100 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the market trend of ammonium sulfate has slightly adjusted recently. At present, spot supply is tight and market demand is weakening. It is expected that in the short term, the domestic ammonium sulfate market will mainly experience narrow fluctuations and consolidation in price.