Price Trend

Potassium sulphate prices have remained stable this week, according to business community price monitoring.

II. Market Analysis

Potassium sulfate domestic sales of new single reduction, business owners depend on the volume of support, high temporary stability. In the late autumn, potassium chloride will be limited in the consumption area of fertilizer production. However, the demand for potassium sulfate is expected to decline, and the price center will be under pressure and the preferential space will be widened. The overall starting rate of potassium sulfate in China is about 60%. Mannheim’s factory is under the pressure of high-price potassium chloride, and the cost pressure is high. At present, the 50% powder ex-factory price is more than 2850-2900 yuan/ton. The 52% potassium sulfate content is slightly better, and the ex-factory price is more than 3000-3050 yuan/ton. In autumn, the demand for downstream compound fertilizers has been pushing forward slowly, but there is no obvious advantage.

3. Future Market Forecast

Potassium sulphate analysts of business associations believe that the domestic potassium sulphate market is expected to stabilize in the later period, with local fluctuations dominating.