Compound fertilizer: driven by both cost and spring demand, with prices rising comprehensively

Raw materials surged: Sulfur broke a historical high of 4500 yuan/ton, and ammonium chloride, ammonium sulfate, and ammonium chloride rose simultaneously, providing strong cost support.

Demand activation: Spring plowing will be fully launched after the awakening of insects, downstream fertilizer preparation and delivery will be accelerated, and trading will be active.

Market forecast: Cost+demand resonance, the market continues to strengthen and explore.

Mainstream factory reference:

45% sulfur 3 * 15:3200-3450 yuan

40% chlorine (30:5:5): 2050-2350 yuan

45% chlorine 3 * 15:2700-2920 yuan