In the middle of March, the price of potassium sulfate continued to rise, and it is difficult to predict whether it will be long or short in the future

1、 Price trend

 

2、 Market analysis

 

According to the data of business news agency, as of March 19, the average price of domestic Mannheim potassium sulfate 50 particle sample was 2916.67 yuan / ton, which was 4.79% higher than that at the beginning of the month, 4.73% higher than that at the same period of last month, and 2.34% higher than that at the same period of last year.

 

In mid March, the potassium sulfate market continued a positive trend, and the spot price of potassium sulfate at home and abroad rose at the same time. The operating rate of domestic Mannheim potassium sulfate plant is acceptable, and the overall operating rate is slightly lower than that of the same period last year. Today (March 19), Shijiazhuang hehe chemical 52% potassium sulfate powder factory reference price of 3000 yuan / ton. Shijiazhuang Haofang chemical 50% potassium sulfate powder factory reference price of 2850 yuan / ton. On the supply side, the current big sellers are reluctant to sell and control the supply, coupled with the decline of port inventory, the supply side has support for the price. At the same time, in terms of potassium chloride, the oversupply has also eased recently. The overall inventory is low and the price is high. The domestic potassium sulfate cost side support is acceptable, and the supply side is profitable. However, the purchase intention of the downstream is general, it is more resistant to high price goods, and there is no large volume of trading, which affects the price of potassium sulfate to continue to rise.

 

3、 Future forecast

 

Business community potassium sulfate analysts believe that: the current potassium sulfate manufacturers offer stable high. In the early stage, the impact of the rise of global petrochemical bulk products on the cost support of potassium sulfate is still in progress, and the price of direct upstream potassium sulfate is temporarily stable. Although the recovery of domestic operating rate is slow, the improvement of market purchasing momentum is limited. It is expected that the domestic potassium sulfate price will stagnate due to the weak terminal demand in the near future.

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