SunSirs: Potassium Sulfate Price Is Weak For Lack of Good Support
October 14 2019 12:14:45 SunSirs (John)Analysis review
The mainstream ex-factory price of Mannheim potassium sulphate 50% powder is about 2800-3100 RMB/ton, and the ex-factory price of 52% powder is about 2900-3200 RMB/ton. The price in South China is higher, and the preferential range is 50-100 RMB. Qinghai water-salt system powdery potassium sulfate mainstream arrival quotation is about 2550-2600 RMB/ton, the transaction is limited, the actual transaction can be discussed.
The Luo potassium plant resumed production, and the current quotation is temporarily suspended. The pre-market inventory is still to be shipped. 51% of the powder arrival price is 3100 RMB/ton, 52% of the powder arrival price is 3150 RMB/ton, 51% of the actual regional transaction price is about 2750 RMB/ton, 52% of the powder is about 2800 RMB/ton.
Market outlook
The analyst of the SunSirs potassium sulphate believes that after the National Day, the potash market is not good, and the price of potassium sulphate is stable. On the whole, the potassium sulphate market lacks favorable support. Unless the industry's operating rate can drop significantly, the market is unlikely to improve in the short term.
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