1、 Price trend

2、 Market analysis

According to the data of the business community, the domestic potassium sulfate market is stable and weak in the near future, and the spot prices of various brands are temporarily stable. As of October 22, the average price of 50 domestic potassium sulfate granules was 4100 yuan/ton, up or down by – 4.65% compared with the average price at the beginning of the month.

Recently, the momentum of domestic potash fertilizer market continues to be low, the trading atmosphere is weak, the operating rate of potassium sulfate Mannheim type enterprises remains low, and the load of resource-based enterprises is yet to be restored. Before the festival, some enterprises such as SDIC Luoke produced compound fertilizer in autumn to increase the load, but the effect was limited, and the industry load was still around 24%. The supply of potassium sulfate enterprises is low, but there is generally a certain amount of inventory. There are abundant goods on the market, and the pressure on the supply side is obvious. The spot price is dragged down. The upstream potassium chloride is weak. Recently, the volume of goods passing through border trade and ports has decreased, but the overall supply of goods is abundant and the transaction is insufficient. Downstream potassium carbonate, potassium nitrate and other enterprises purchase slowly, and potassium chloride does not support processing potassium sulfate enterprises. Downstream consumption is weak, trading and investment in the northern market are rarely heard, the supply of goods is slow to ship, the mentality of businessmen is weak, and the market offer is low.

3、 Future market forecast

The potassium sulfate analysts of the business community believed that the domestic potassium sulfate market was stable in the middle of October, while the potassium chloride market was weak. The domestic potassium sulfate cost support is weak, the supply side is sufficient, and the demand side follow-up is poor. It is expected that the domestic potassium sulfate price will operate at a low level due to the continuous poor demand in the short term.