April 28 – On April 28, the latest ex-works quotation for ammonium sulfate from Hualu Hengsheng Chemical Co., Ltd. is as follows: caprolactam-grade ammonium sulfate (bulk) at 1,880 RMB/ton, up 10 RMB/ton; power plant-grade ammonium sulfate at 1,525 RMB/ton, stable. Actual transaction prices are negotiable.

Chempricehub assessment of ammonium sulfate: Bullish/bearish rating: +1. According to the report, Hualu Hengsheng’s ex-works quotation for caprolactam-grade ammonium sulfate increased by 10 RMB/ton to 1,880 RMB/ton, indicating improved market demand or tighter supply, which is positive for spot prices. The price of power plant-grade ammonium sulfate remained stable at 1,525 RMB/ton, neutral. Overall, this upward adjustment is generally favorable for the ammonium sulfate spot market, earning a rating of +1.