Market bullish and potassium sulfate price rising steadily in March

1、 Price trend

 

2、 Market analysis

 

According to the data of business news agency, as of April 1, the average price of domestic Mannheim potassium sulfate 50 particle sample was 2916.67 yuan / ton, which was 4.79% higher than that at the beginning of the month, and 1.45% higher than that at the same period of last year.

 

In March, the potassium sulfate market continued a positive trend. At present, the overall start-up rate of Mannheim potassium sulfate plant in China is more than 70%, slightly lower than last month, and generally stable. On April 1, the factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. was 3000 yuan / ton. Shijiazhuang Haofang chemical 50% potassium sulfate powder factory reference price of 2850 yuan / ton. At the same time, potassium nitrate and potassium chloride market also rose this month, potassium sulfate cost side support is strong. At present, all parts of the country are coming to the end of the demand for spring ploughing, and the compound fertilizer market is about to start to weaken. However, due to the rising cost caused by the large contract in the early stage, coupled with the low domestic inventory and the requirements of the national storage policy, it is expected that the spot market will be tight. This month, the decline rate of potassium sulfate inventory slowed down, and there was a certain pressure on sales, which was also one of the factors that potassium sulfate rose less than expected when the upstream and downstream were stronger.

 

3、 Future forecast

 

Potassium sulfate analysts of business news agency believe that: the price of potash fertilizer continued to rise in March, potassium chloride and potassium nitrate increased significantly this month, and potassium sulfate rose steadily due to many positive effects. At present, the domestic operating rate is generally stable, and the market industry reflects that there is an agreement resistance in shipment. It is expected that the domestic potassium sulfate price will remain stable at a high level in the near future.

Gamma Polyglutamic Acid

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