Price Trend

According to the price monitoring of business associations, the potassium sulfate Market remained stable in May, with some fluctuations. At the end of this month, the mainstream offer price of 50% granules in potassium sulfate Market is about 2950-3050 yuan/ton.

II. Market Analysis

Since May, potassium sulfate has stabilized as a whole, and shipments from Mannheim factories have been relatively smooth, with 52% water-soluble potassium sulfate and 50% granular potassium sulfate as the main products. 50% of the powder is subject to the price of potassium sulfate and the shipment is slow. 50 powder mainstream factory quotation is about 2800 yuan/ton, particle/52 powder 2950-3000 yuan/ton, round particle 3200-3250 yuan/ton, the transaction is single. North China 50 powder mainstream factory quotation 2800-2850 yuan/ton, the actual negotiation is prevailing.

The Guodu Luo Potassium Plant has been overhauled in summer for a long time, about three months, and is expected to resume production in September. There are some stocks in the plant, but most of them are pre-sale sources. At present, the market price of 52% of Luo Potassium powder arrives at 2700-2750 yuan/ton.

III. Industrial Chain

Upstream: Potassium chloride port has a lot of storage and pressure. There is still no news about big contract negotiations. The surface quotation of merchants continued to be stable temporarily, and the price of partial transactions declined sharply. It is reported that the border trade potash fertilizer suspended signing in June, adding confidence to the spot market.

Downstream: Compound Fertilizer Information Price stabilized in May, slightly declined, not very ideal, business goods light, start-up rate gradually declined in summer is the season of fertilizer off-season, demand reduction trend is obvious, the actual volume is more limited.

IV. Future Market Forecast

Business analysts believe that in the case of downstream support and weakening demand, the trend of the potassium sulfate market continues to be stable in the short term, mainly with local shocks.