SunSirs: The Market Atmosphere Was Average, and the Price of Potassium Sulfate Was Stable
December 18 2023 10:47:23 SunSirs (John)
Price trend
According to the monitoring of the commodity market analysis system of SunSirs, the price for potassium sulfate with a 50% content at the beginning of this week was 3,516 RMB/ton, and the price for potassium sulfate with a 50% content at the end of this week was 3,516 RMB/ton, indicating stable prices.
Analysis review
The prices of domestic potassium sulfate resource-based manufacturers remained stable, and the production of resource-based potassium sulfate manufacturers was normal, with relatively slow shipments. As of December 15th, the market price of 52% powdered potassium sulfate from SDIC Luobupo was mostly between 3,600-3,700 RMB/ton, with new market transactions mainly being discussed. The operating rate of processing type Mannheim potassium sulfate manufacturers was relatively high, maintaining a level of over 70%, and the supply of goods was sufficient.
The domestic potassium fertilizer supply had shown a polarized trend, with most domestic potassium chloride manufacturers entering a maintenance state, leaving only Saltlake still in production, but with limited supply of goods. The supply of imported potassium continued to arrive, and the import volume had reached a historical high, with sufficient supply of goods in various regions.
Market outlook
The trading atmosphere in the potassium sulfate market was average, and it is expected that the domestic potassium fertilizer market prices will mainly fluctuate in a narrow range in the short term.
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- 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
- 2024-03-18 SunSirs: Market Transactions Were Weak, and the Price of Potassium Sulfate Was Falling
