Price trend
According to the monitoring of SunSirs, the price of content 50 potassium sulfate at the beginning of this week was 3,900 RMB/ton, and the price of potassium sulfate content 50 at the end of this week was 3,900 RMB/ton, which was stable.
Analysis review
As of the 18th, the domestic potassium sulfate price was stable, the market insiders were in a good mood, and the market inquiries increased. The ex factory price of 52% potassium sulfate powder in Mannheim was 3,700-3,900 RMB/ton, while the price in the southern market was slightly higher than that in the northern market. The actual transactions were mainly orders. The price of SDIC Luojia was temporarily stable, and the market price was 3,600-3,800 RMB/ton.
The operating rate of domestic processing Mannheim potassium sulfate manufacturers rose slightly. The national average operating rate was about 26%, but it still did not exceed 30%. There was only a small amount of inventory in the market.
Market outlook
The market demand is stable, and the manufacturers have no signs of selling goods at low prices. It is expected that the potash fertilizer market will still operate in a weak consolidation in the later period.
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