Analysis review        

This week, the domestic potassium sulfate market is still dominated by light operation. The downstream demand is weak. Mannheim enterprises are under pressure to ship. Potassium sulphate enterprises started conservatively. The sales of Mannheim potassium sulfate manufacturers in Hebei area have not improved significantly recently. The mainstream factory price of 52% water-soluble powder is 2,700-2,800 RMB/ton, while the factory price of 50% potassium manganese sulfate in Shandong area is 2,500-2,600 RMB/ton; 52% of the flour mill quotations are mostly around 2,700-2,750 RMB/ton. As for the water-salt system, the price of potassium sulfate also dropped slightly again, increasing the uncertainty of the price trend in the market.

Market outlook

Potassium sulfate analysts of SunSirs believe that: the cost support is general, demand is not strong, and the upper inventory is too much, potassium sulfate has no obvious signs of rebound, and the current gluing state is continued in the later stage.

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