Cost side storage pressure, price rise of potassium sulfate narrowed

1、 Price trend

 

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2、 Market analysis

 

According to the data of business news agency, the domestic potassium sulfate Market was stable after rising in mid April. As of April 20, the average price of domestic potassium sulfate 50 particle samples was 2966.67 yuan / ton, an increase of 1.71% compared with the average price at the beginning of the month, and an increase of 5.01% compared with the same period last year.

 

In the first ten days of the market, the price of potassium sulfate rose again on the basis of last month’s rise. The load level of domestic potassium sulfate Mannheim unit decreased slightly in the middle of the middle of the year, but the overall change was not obvious. On April 20, the factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. was 3050 yuan / ton. Shijiazhuang Haofang chemical 50% potassium sulfate powder factory reference price of 2950 yuan / ton. At present, domestic manufacturers have more early orders, and delivery operations tend to meet the early orders. On the cost side, the actual transaction of potassium chloride Market in the near future is not good, the improvement of market oversupply pattern is limited, and the trading atmosphere is cold. However, the overall inventory is on the low side, the price position remains high and stable, the support for potassium sulfate is acceptable, and the external market has also risen recently.

 

3、 Future forecast

 

Potassium sulfate analysts of business news agency think: in mid April, the price of potassium chloride and potassium nitrate was stable, and the cost of domestic potassium sulfate was under great pressure. At the same time, the cost side and the price rise of large import contracts act on the market at the same time. The producers and traders support the price offer, and the spot price rise gradually slows down. The market fundamentals are generally stable, and it is expected that the domestic potassium sulfate price increase may narrow in the near future.

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