Potassium sulfate market overall stable and part slightly reduced

1、 Price trend

 
2、 Market analysis

 

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According to the data of business agency, the price of 50 grains in Hebei at the beginning of this week was 2725 yuan / ton, while the price at the weekend was 2675 yuan / ton, down 50 yuan / ton. The prices of all regions are generally stable, and there is no big change in the potassium sulfate Market in Qinghai, and the factory is not very ideal to start. However, due to the limited flow in the near future, the factories still have some inventory; the manufacturer’s quotation is of little significance, and it is understood that 50% of the price sold by the agents in the market reaches 2200-2260 yuan / ton. However, it is understood that the delivery speed of ROK’s stock has increased in recent days, from one more train per day in the early stage to about two trains per day. Due to planned maintenance, the plant is expected to be shut down until September. At the average level of potassium sulfate demand, the operation rate of Mannheim method’s plant in Shandong dropped to 65%, while that in Hebei remained at 70%. The upstream potassium chloride market continued to decline, with low demand and relatively sufficient supply. The demand of downstream compound fertilizer for raw potassium decreased.

 

3、 Future forecast

 

The pressure of potassium sulphate itself is not great. If the price of potassium chloride reaches the bottom and stabilizes, the pressure of potassium sulphate will be further reduced. However, the supply of goods is sufficient and the profit space is large. Potassium sulphate analysts of business association think: in the short term, potassium sulphate market is mainly stable, and the probability of price rise is small.

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