According to the monitoring of the commodity market analysis system of Business Society, the price of potassium sulfate with a 50% content at the beginning of this week was 3316 yuan/ton, and the price of potassium sulfate with a 50% content at the end of this week was 3266 yuan/ton, a decrease of 1.31%.
The price of potassium sulfate in the domestic market has declined due to the decline in the price of raw material potassium chloride, resulting in a weak price of potassium sulfate. At present, the ex factory price of 52% Mannheim potassium sulfate powder is mostly between 2900-3300 yuan/ton, and the ex factory price in some areas is lower than the low-end price, mainly exported to other markets. Currently, the operating rate of Mannheim potassium sulfate manufacturers remains at a high level.
The domestic supply of potassium fertilizer continues to increase, with new sources of goods arriving at ports in both the north and south. Some ports have fast shipping speeds, but the total port stock is still at a high level. Downstream compound fertilizer factories have maintained a relatively high operating rate recently, but mainly rely on early order delivery, with limited new orders.
Prediction: The domestic potassium fertilizer market lacks positive support, and it is expected that the domestic potassium fertilizer market prices will mainly fluctuate and weaken in the short term.
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