March 2, News To ensure spring plowing production, Hunan Petrochemical has further optimized the operation of the new area of its 600,000-ton-per-year caprolactam industrial chain relocation and upgrading transformation project. Currently, the company produces over 1,400 tons of caprolactam per day, with a byproduct of over 2,100 tons of compound fertilizer-grade ammonium sulfate. Chempricehub's analysis of ammonium sulfate shows a neutral supply-demand balance: the daily byproduct of over 2,100 tons of compound fertilizer-grade ammonium sulfate may increase supply and put downward pressure on prices; however, during the spring plowing season, agricultural demand is strong, resulting in a generally balanced supply and demand, which has a neutral impact on spot prices. For caprolactam, the analysis indicates a bearish outlook: daily production exceeding 1,400 tons significantly increases supply, potentially leading to oversupply and price pressure; the article does not mention a simultaneous increase in demand, which generally exerts bearish pressure on spot prices.