Recently, the price of potassium sulphate has begun to show a downward trend. In the second and third quarters, the market of potassium sulphate was driven by multiple favorable factors, and the market was good. However, with the weakening of demand, the price of potassium sulphate began to decline gradually. So how can the future market of potassium sulphate go?
| Benzalkonium chloride |
The reason for the price increase of potassium sulfate in the early period is mainly due to the low start of the potassium sulfate industry as a whole, the large increase in export volume and the application of water-soluble fertilizer. At present, the summer demand of water-soluble fertilizer in many areas is gradually ending, and the traditional off-season of entering the water-soluble fertilizer market in some areas in autumn and winter. In addition, the landing of typhoon “Lichma” in the earlier period is also In some areas, floods frequently occur, which will weaken the enthusiasm of downstream planting. As the demand for water-soluble fertilizer decreases, the corresponding 52% water-soluble potassium sulfate lacks strong support. Recently, Mannheim’s pre-execution orders were not well received. Although the factory offer was firm, the transaction price began to loosen with the increase of in-plant inventory.
Despite the recent weakening of demand, the export volume of potassium sulfate this year is considerable, and Mannheim industry inventory has increased, but still in the pre-shipment order, there is no obvious inventory pressure. In the second half of the year, the demand for tobacco fertilizer is also good for potassium sulfate. It is known that although the bidding of Fujian tobacco has gone through the process of flow-scale reflow-scale, it was finally won by Luo Potassium, with a price of 2950 yuan.
| Sodium Molybdate |
From the cost point of view, the trend of potassium chloride in the first half of the year has been downward all the way, the overall trend is down, but the situation of environmental protection upgrade pressure and hydrochloric acid inversion is grim, the overall start-up rate of enterprises is not high, and the downward space of potassium sulfate price is limited.
Generally speaking, the domestic potassium sulfate Market has no obvious advantage and shortfall. Although the price has a downward trend, the range is limited, and it is difficult to fluctuate significantly in the short term. It is suggested that more attention should be paid to the downstream demand situation and the start-up changes of potassium sulfate enterprises in the later period.
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