The cost pressure is high, and the price of potassium sulfate is difficult to fall

1、 Price trend

2、 Market analysis

According to the data of business agency, the domestic potassium sulfate market rose in the first week of August. As of August 6, the average price of 50 particle samples of domestic potassium sulfate was 4500 yuan / ton, an increase of 1.50% over the average price level at the beginning of the month and 68.22% over the same period last year.

The domestic potassium sulfate price has shown a stalemate recently. The market has experienced a long-term rise since the end of May. At present, the potash fertilizer market is gradually moving towards a weak overall situation. As the domestic spot price maintained a high increase last month, the current potassium sulfate price is in a high and firm state. In terms of industry load, the operating rate of processing potassium sulfate unit is still not high, and there is a small increase in the supply of goods on site. In addition, due to the lower output of potassium chloride fertilizer, the spot price of potassium chloride increased by more than 14% in July, and the cost side pressure of potassium sulfate increased. The ex factory price remains high, and some offers are higher than the market price. Recently, the market momentum began to decrease, the actual single transaction was limited, and the market increase narrowed. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4600 yuan / ton. The ex factory reference price of 50% potassium sulfate powder of Chongqing Anton chemical fertilizer is quoted as 4400 yuan / ton.

3、 Future forecast

According to the potassium sulfate analyst of business society, the domestic potassium fertilizer market price remained rising in early August, and the price of raw potassium chloride was high. Although the cost support of domestic potassium sulfate is strong, the momentum of fertilizer market begins to cool down. Under the pressure of high cost, the load of potassium sulfate enterprises remains below 60%. In addition, the follow-up efforts of terminal enterprises are gradually reduced, and the resistance to high price offer and shipment of manufacturers rises suddenly. It is expected that the price of domestic potassium sulfate may change from rise to fall in the near future.

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