Price trend

According to the monitoring of the commodity market analysis system of SunSirs, the price of potassium sulfate with a 50% content at the beginning of this week was 3,166 RMB/ton, and the price of potassium sulfate with a 50% content at the end of this week was 3,150 RMB/ton, a decrease of 0.53%.

Analysis review

As of May 10th, the ex factory price of 52% Mannheim potassium sulfate powder was mostly between 3,100-3,350 RMB/ton. The actual transaction price varied slightly depending on the region. Most factories had relatively low order prices in the early stage, and resource-based potassium sulfate manufacturers continued to ship. The market price of 52% potassium sulfate powder from SDIC Luobupo Potash Co., Ltd was mostly between 3,200-3,350 RMB/ton, and the arrival price of 50% powder from Qinghai's water salt system was mostly between 2,950-3,050 RMB/ton, indicating average market sales.

The overall sales of compound fertilizer in downstream compound fertilizer factories were generally average. While the factory was operating at a high level, there was a certain rigid demand for raw material potassium fertilizer. The domestic potassium fertilizer market had sufficient supply of goods, and the focus was on market transactions.

Market outlook

This week, the domestic potassium fertilizer market had been weak in transactions, and it is expected that the domestic potassium fertilizer market prices will mainly fluctuate in the short term.

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