Potassium sulfate Market stabilized this week

Price Trend

According to the price monitoring of business associations, the market of potassium sulphate has been stable this week, and the price of potassium sulphate in northern China has increased due to insufficient supply.

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II. Market Analysis

At present, the arrival price of 50% water and salt powder in Qinghai is more than 2550 yuan per ton. Mannheim’s quotation remains relatively high, and 52% water-soluble shipment is still the main one. The ex-factory price is more than 3000 yuan/ton, but the 50% content of potassium sulfate is almost unavailable. Southern tobacco bidding will begin one after another. Three tendering plans have been announced. Fujian tobacco bidding is 33.553 million tons of potassium sulfate, Liangshan Golden Leaf bidding is 14.5 million tons of potassium sulfate, Sichuan Golden Leaf bidding is 11,000 tons of Mannheim potassium sulfate. The total bidding volume reaches 59,000 tons of potassium sulfate. The total amount of potassium sulfate has increased compared with last year, or will form a favorable support for the potassium sulfate market. The price of Mannheim potassium sulfate is basically stable. The mainstream factory price of 50% of the powder is 2800-3100 yuan/ton, and the factory price of 52% of the powder is 3000-3200 yuan/ton. The price in South China is relatively high. The arrival price of 52% Luo Potassium powder is 2680-2700 yuan/ton, and the water and salt 50 powder Market in Northwest China is 2550-2600 yuan/ton.

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3. Future Market Forecast

Potassium sulfate analysts at the business association believe that the market of potassium sulfate will stabilize mainly in the short term.

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