Price trend

According to the monitoring of SunSirs, the price of potassium sulfate (Content: 50%) at the beginning of this week was 3,950 RMB/ton, and the price of potassium sulfate (Content: 50%) at the end of this week was 3,900 RMB/ton, down 1.27%.

Analysis review

The domestic potassium sulfate market was difficult to improve. The price of raw potassium chloride continued to decline. The price of potassium sulfate was gradually declining in the case of small demand. As of November 11, the ex factory price of 50% of Mannheim potassium sulfate powder was more than 3,600-3,800 RMB/ton, and the ex factory price of 52% of Mannheim potassium sulfate powder was more than 3,700-4,000 RMB/ton. The actual transaction price was mainly negotiated. The market selling price of Lop Nur 52% potassium sulfate powder was mostly 3,600-3,800 RMB/ton, and the price varied slightly in different regions, and the transaction was negotiated.

With the gradual start of the winter storage market, downstream compound fertilizer plants have begun to reserve a small amount of raw materials, and the prices of nitrogen and phosphorus sources have risen, the overall demand is still weak.

Market outlook

In the case of insufficient downstream demand support, the contradiction between supply and demand in the potash fertilizer market is still prominent, and it is expected that the potash fertilizer market will still operate in a weak consolidation in the later period.

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