Price trend

According to the monitoring of the Commodity Market Analysis System of SunSirs, the price of 50% potassium sulfate at the beginning of this week was 3,816 RMB/ton, and the price of 50% potassium sulfate at the end of this week was 3,766 RMB/ton, a decrease of 1.31% in price.

Analysis review

The domestic market price of potassium sulfate is still in a downward phase. The operating rate of Mannheim potassium sulfate has slightly increased compared with the previous period. The operating rate of the national average manufacturers has reached 50%, and the supply of domestic goods is sufficient. At present, the ex factory price of 52% Mannheim potassium sulfate powder is mostly 3,500-3,850 RMB/ton. The market price in the south is still higher than that in the north, but most shipping orders are small orders.

After the end of spring, the overall operating rate of downstream compound fertilizer factories continues to be low. With the gradual launch of the summer fertilizer market, some downstream compound fertilizer factories are planning to resume operation, and the production of resource-based potassium sulfate manufacturers is normal. However, the demand for downstream factories is relatively limited, and traders in various regions offer different prices, which is slightly chaotic.

Analysis review

At present, the market transaction is quiet and on the sidelines. It is expected that the market price will be dominated by weak consolidation trend.

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