Raw material supply is tight, potassium sulfate price is expected to rise

1、 Price trend

2、 Market analysis

According to the data of business news agency, the domestic potassium sulfate Market has strengthened recently, and the spot price has increased greatly. As of June 24, the average price of domestic potassium sulfate 50 particle samples was 3716.67 yuan / ton, an increase of 21.20% compared with the average price at the beginning of the month, and an increase of 38.94% compared with the same period last year.

Domestic potassium sulfate prices rose significantly in the second half of June, led by the ex factory prices of processing enterprises. Recently, the domestic potash fertilizer market continued the previous trend, with a high rise. In terms of potassium chloride, the tight supply pattern has not improved, and the high price is good for the cost side of processing potassium sulfate enterprises, but it also increases the cost side pressure of some enterprises. However, the feedback from the demand side to the high price source is not good, and the price rise is blocked, resulting in the decrease of the operation rate of domestic potassium sulfate production plant. At present, the overall operating rate of Mannheim plant in China has fallen below 60%, and the conversion of the benefit of potassium chloride is not good. A number of potassium sulfate enterprises are sealed and do not accept orders for the time being. In terms of external offer and imported potassium, the arrival is slow, and the source price is high, so the transaction is not smooth.

3、 Future forecast

Business News Agency potassium sulfate analysts believe that: the recent potassium chloride price continued the previous strong market, domestic potassium sulfate cost side support and cost side pressure coexist. At the same time, the domestic potash fertilizer market is in short supply, and the spot price in the market is obviously rising. However, the end users are more resistant to the high price of goods, and the fluency of shipment forms a certain resistance to the rise. It is expected that the trend of domestic potassium sulfate in the near future will enter the adjustment market of supply and demand game.

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