On January 15, 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 price for power plant-grade ammonium sulfate is 985 yuan/ton, representing an increase of 10 yuan/ton. Actual transaction prices are subject to negotiation. PriceSeek's analysis of ammonium sulfate gives a bullish-bearish score of 1. Hualu Hengsheng 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 possible tightening of market supply or an increase in demand, providing favorable support for the spot price of ammonium sulfate. The price increase is relatively small (approximately 1%), reflecting a moderate improvement rather than a significant change, which is generally considered a positive development. The fact that actual transaction prices are subject to negotiation suggests increased market activity, but attention should be paid to the subsequent supply-demand balance.
Comments
0