April 7th News: On April 7th, Shandong Hualu Hengsheng Chemical Co., Ltd. announced the latest ex-factory prices for ammonium sulfate. The price for caprolactam-grade bulk ammonium sulfate is 1,810 yuan/ton, and for power plant-grade ammonium sulfate is 1,585 yuan/ton. These prices have increased compared to pre-holiday levels, with actual transaction prices subject to negotiation. Chempricehub's analysis of ammonium sulfate gives a bullish-bearish score of 1. Shandong Hualu Hengsheng's increase in ex-factory prices for ammonium sulfate, with caprolactam-grade at 1,810 yuan/ton and power plant-grade at 1,585 yuan/ton, indicates tightening market supply or strengthening demand, which is favorable for spot prices. The price hike sends a positive signal and may prompt other producers to follow suit, supporting a stronger spot market.
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