The domestic ammonium sulfate market fell at a high level in May

1、 Price trend

Thiourea

On May 29th, the average market price of domestic grade ammonium sulfate was 1666 yuan/ton, and on May 1st, the average market price of domestic grade ammonium sulfate was 1910 yuan/ton. This month, the market price of domestic grade ammonium sulfate fell by 12.74%.
2、 Market analysis
The price of ammonium sulfate in the domestic market has dropped significantly this month. The coking level operating rate has been adjusted narrowly, and the operating rate of the internal level has decreased. In the first half of this month, the market price of ammonium sulfate increased slightly. In the second half of this month, the price of ammonium sulfate began to decline. There is a high inventory in the market, and the supply of ammonium sulfate exceeds demand. Due to the previous consecutive price increases and cautious downstream procurement, the market price of ammonium sulfate has dropped significantly. As of May 29th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1050 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1650-1680 yuan/ton.
According to the weekly K-bar chart from March 2, 2026 to May 18, 2026, it can be seen that the price of ammonium sulfate in China fluctuated during the cycle. The domestic price of ammonium sulfate fell significantly in May, with the largest drop being 6.02% in the week of May 18th.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the recent downward trend in domestic ammonium sulfate prices is the main reason. At present, terminal demand is weak, and the market transaction atmosphere is becoming less intense. It is expected that the domestic ammonium sulfate market price will continue to weaken and decline in the short term.

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