January 15th News
On January 15th, Shandong Hualu Hengsheng Chemical Co., Ltd. announced the latest ex-factory prices for ammonium sulfate. The price for caprolactam-grade bulk ammonium sulfate is 1,100 yuan/ton, while the power plant-grade ammonium sulfate is priced at 985 yuan/ton, reflecting an increase of 10 yuan/ton. Actual transaction prices are subject to negotiation.
Chempricehub Analysis of Ammonium Sulfate, Bull-Bear Score: 1
Shandong Hualu Hengsheng Chemical Co., Ltd. has raised the ex-factory price of ammonium sulfate by 10 yuan/ton, with caprolactam-grade bulk material quoted at 1,100 yuan/ton and power plant-grade at 985 yuan/ton. This indicates a potential tightening in market supply or an increase in demand, providing favorable support for the spot price of ammonium sulfate. The modest price increase (approximately 1%) reflects a mild improvement rather than a significant change, representing a generally positive development. The fact that actual transaction prices are subject to negotiation suggests increased market activity, though attention should be paid to subsequent supply-demand dynamics.