March 11th News
On March 11th, the latest ex-factory quotation for ammonium sulfate from Hualu Hengsheng Chemical Co., Ltd. was updated. The bulk price of caprolactam-grade ammonium sulfate is 1,490 yuan/ton, while the power plant-grade ammonium sulfate is priced at 1,385 yuan/ton, reflecting an increase of 30 yuan/ton. Actual transactions are subject to negotiation.
Chempricehub Analysis of Ammonium Sulfate
Bull-Bear Score: 1
The article indicates that the ex-factory quotation for ammonium sulfate has been raised by 30 yuan/ton (caprolactam-grade to 1,490 yuan/ton, power plant-grade to 1,385 yuan/ton), suggesting that suppliers are proactively increasing prices, possibly due to stronger downstream demand or rising production costs. This adjustment provides favorable support for spot prices, and the spot market is expected to show an upward trend in the short term. However, buyers may face increased procurement costs. It is essential to monitor actual transaction negotiations to confirm the sustainability of this trend.