SunSirs: The Market Was Stable, and the Price of Potassium Sulfate Was Temporarily Stable
July 18 2023 09:21:57 SunSirs (John)
Price trend
According to the monitoring of the commodity market analysis system of SunSirs, at the beginning of this week, the price of 50% potassium sulfate was 3,300 RMB/ton, and at the end of this week, the price of 50% potassium sulfate was 3,300 RMB/ton, which was stable.
Analysis review
The domestic potassium sulfate market maintained a stable trend, the overall market price had not changed significantly, and the resource-based potassium sulfate manufacturers were still in the state of overhaul. As of July 14th, the sales price of 52% of SDIC's powder potassium sulfate market was more than 2,900 RMB/ton, the manufacturer's settlement price had not yet been announced, and the sales price of 50% of Qinghai's salt powder potassium sulfate was more than 2,800 RMB/ton. The transaction prices were slightly different according to the different regions, and the actual transaction sheet was mainly discussed.
The overall operating rate of large composite fertilizer factories was relatively low, but there were still some water-soluble fertilizer factories that made small purchases of raw materials. With the prices of nitrogen and phosphorus raw materials increasing, the market's inquiries for potassium fertilizer raw materials had significantly increased, but the final demand support was slightly weak.
Market outlook
The overall demand for potassium sulfate is light, and the market price is expected to be mainly volatile and weaker.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2024-05-07 SunSirs: Supply Was Adequate and the Price of Potassium Sulfate Declined
- 2024-04-22 SunSirs: Adequate Supply Led to a Decline in the Price of Potassium Sulfate
- 2024-04-16 SunSirs: The Spring Market for Compound Fertilizers Was Nearing Its End, with Prices Slightly Decreasing
- 2024-04-15 SunSirs: Adequate Supply of Goods, the Price of Potassium Sulfate Declined
- 2024-04-02 SunSirs: Affected by Costs, the Price of Potassium Sulfate Had Fallen
