Price trend

According to the monitoring of SunSirs, the price of potassium sulfate content 50 at the beginning of this week was 3,883 RMB/ton, and the price of potassium sulfate content 50 at the end of this week was 3,916 RMB/ton, up 0.86%.

Analysis review

The domestic potassium sulfate price was firm. Recently, the operating rate of potassium sulfate powder from Mannheim process plant slightly increased, and the national average operating rate exceeded 30%.On the 12th, the ex factory price of 52% potassium sulfate powder from Mannheim process was more than 3,900-4,000 RMB/ton, and the actual transaction price was mainly negotiated. The demand in the northeast market was still concentrated on granular potassium sulfate. The plant of resource based potassium sulfate manufacturers was still limited in operation. CITIC Guoan will resume production at the weekend. The production of SDIC LuoPltassium was stable, and traders still had more supplies.

The supply of goods in the domestic potash fertilizer market was relatively concentrated, the production of domestic potash plants had decreased slightly, the recent resistance of railway transportation of goods sources was large, and the arrival of goods in various regions was limited. The marketable quantity of imported potassium was still limited, the signing of new orders for border trade was still unclear, and the growth of supply side was limited.

Market outlook

Enquiries in the potash fertilizer market increased, and the supply of goods was relatively concentrated. The market was mainly wait-and-see. It is expected that the future market will be dominated by shock consolidation.

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