SunSirs: Potash Fertilizer Supply Tightened, and Potassium Sulfate Market Rose
February 18 2022 14:02:59 SunSirs (John)
Price trend
According to the data of SunSirs, the domestic potassium sulfate market continued to rise in mid-February, and the spot price had a certain increase. As of February 17, the average price of domestic potassium sulfate 50 grain samples was 4,333.33 RMB/ton, a change of +4.84% compared with the average price at the beginning of the month.
Analysis review
At present, the domestic potash fertilizer market is heating up, and the performance is acceptable. In the early stage, the supply of potash fertilizer enterprises in the domestic resource method increased, the price of salt lake and Zangge potassium chloride was stable, and the volume was gradually increased, but the market supply was still limited and the supply was relatively tight. Potassium chloride has certain support for Mannheim enterprises. At present, the load position of the domestic industry is relatively low, and the overall operating rate is below 50%. The spot supply of potassium sulfate also maintains a slightly tight state. At present, there is a positive impact on the cost side. After the early winter storage, the supply of traders has been consumed. Coupled with the recent implementation of the domestic potash fertilizer contract, the current market trading has picked up, and the merchants have a positive attitude.
Market outlook
The potassium sulfate analyst of SunSirs believes that the domestic potassium sulfate market has risen in mid-February, and the potassium chloride market has been fluctuating at a high level. At present, the domestic potassium sulfate cost support is acceptable, and the demand side has recovered due to the impact of winter storage. It is expected that the domestic potassium sulfate price may continue to rise in the short term.
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