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 3,300 RMB/ton, and at the end of this week, the price of 50% potassium sulfate was 3,300 RMB/ton, which was stable.

Analysis review

The domestic market trend of potassium sulfate was firm, the price was stable, the demand for potassium sulfate in most regions of the north had increased, and most factories maintained the balance between production and sales. As of June 30th, the operating rate of Mannheim potassium sulfate manufacturers had slowly increased, and the supply of goods was mainly based on the policy of continuous shipments of small order. The demand for fully water-soluble 52% powdered potassium sulfate was good. As of June 30th,  the ex factory price of 52% Mannheim powder was mostly 3,000-3,200 RMB/ton, and the price varied slightly in different regions.

The operating rate of major domestic compound fertilizer plants was relatively low, and the demand for raw materials such as potassium chloride was limited. Some high potassium fully water-soluble compound fertilizers had a certain demand for potassium sulfate. Most of them were in the continuous purchase raw materials of small order, and the demand was fair.

Market outlook

The domestic potassium fertilizer market trading was general, and it is expected that the market price may be dominated by a weak consolidation trend.

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