1、 Price trend
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2、 Market analysis
According to the data of business agency, the domestic potassium sulfate Market has fallen recently, and the spot price has generally decreased. As of October 14, the average price of 50 particle samples of domestic potassium sulfate was 4000.00 yuan / ton, a decrease of 3.23% compared with the average price at the beginning of the month and a year-on-year increase of 52.38%.
After the festival, the potash fertilizer market continued the weak operation in the early stage, and the market stabilized at the end of last month fell online. At present, the market momentum is insufficient and the trading volume is low. I heard that the improvement of shipment of potassium sulfate enterprises is limited and the profitability is poor. The mentality of the industry is unstable, and the spot of potassium sulfate is under pressure. In terms of upstream potassium chloride, there has been a large decline recently, which is bad for the spot price of potassium sulfate. The industry load is low, and the operating rate of processing potassium sulfate enterprises is stable between 50% and 60%. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4100 yuan / ton. Shijiazhuang Haofang 50% potassium sulfate powder factory reference price is quoted as 4000 yuan / ton.
3、 Future forecast
Potassium sulfate analysts of business society believe that the domestic potassium fertilizer market has weakened again recently, and the long-standing raw material potassium chloride market has fallen. The cost support of domestic potassium sulfate collapsed. Although the enterprise buffered the supply pressure with low load, the demand of downstream users followed slowly and the market mentality was mainly wait-and-see. At present, the market supply and demand are weak, the cost side support is weakened, and the domestic market is bad. It is expected that the domestic potassium sulfate price may continue to be weak in the near future.
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