1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on June 6th was 1026 yuan/ton, which is 0.64% lower than the average price of 1033 yuan/ton on June 1st.
2、 Market analysis
This week, the domestic ammonium sulfate market prices fluctuated slightly. The fluctuation of enterprise operating rate is not significant, with narrow adjustments. At present, the market supply and demand are stable, with downstream essential replenishment being the main focus. The export market has not improved yet. This week, urea prices have weakened and fallen, which is bearish for the ammonium sulfate market. As of June 6th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 980 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1000-1030 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the recent market trend of ammonium sulfate has undergone a narrow adjustment. Downstream cautious procurement is the main focus, with light trading in the ammonium sulfate market. At present, there is no positive news in the market, and it is expected that the domestic ammonium sulfate market will continue to operate with a slight consolidation in the short term.