Price trend

According to the monitoring of the commodity market analysis system of SunSirs, at the beginning of this week, the price of 50% potassium sulfate was 3,433 RMB/ton, and at the end of this week, the price of 50% potassium sulfate was 3,400 RMB/ton, down 0.97%.

Analysis review

The price of potassium sulfate in the domestic market has declined. At present, SDIC has shut down its potassium plant for maintenance, and there are supplies available in the market. The price difference is obvious. The market price of 52% of the powder potassium sulfate is 2,900-3,300 RMB/ton, and there are obvious differences in prices in different regions; The source price of potassium sulfate in Qinghai water salt system is low, and the price of 50% powder potassium sulfate arriving at the station is more than 2,800-3,000 RMB/ton, and the shipment is slightly slow.

The operating rate of downstream compound fertilizer factories has slightly decreased, and a small amount of potassium fertilizer has been replenished in the early stage, but the procurement volume is not large. Despite the slow decline in potassium fertilizer market prices, the on-demand procurement model is maintained.

Market outlook

The domestic potassium fertilizer market lacks support from positive news, and it is expected that market prices may be mainly in a weak consolidation trend.

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