Imbalance between supply and demand, weak potassium sulfate Market

1、 Price trend

 

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2、 Market analysis

 

According to the data of the business agency, the domestic potassium sulfate Market is stable but weak this week, and the spot prices of individual brands are slightly reduced. As of August 11, the average price of 50 particle samples of domestic potassium sulfate was 5200 yuan / ton, up or down by – 2.80% compared with the average price at the beginning of the month.

 

This week, the momentum of domestic potash fertilizer market further declined, the operating rate of potassium sulfate Mannheim type enterprises remained low, and the overall operating rate further decreased by nearly 30%. However, the downstream consumption is poor, which offsets the low load and low supply of potassium sulfate. The continuation of the previous export policy has affected export sales to a certain extent, and the supply pressure on the site has not decreased. In terms of upstream potassium chloride, there are still too many border trade and port arrivals this week. There are accumulated stocks of imported and domestic goods at the same time. Downstream enterprises such as potassium carbonate and potassium nitrate purchase generally. The competition in the field is strengthened, and the price has been reduced to the cost price. Potassium chloride has poor support for processing potassium sulfate enterprises. At present, the market price of potassium sulfate has fallen, the profit situation of enterprises is poor, the price of northeast and other regions is inverted, the news of new orders is rare, and the response of traders is slow in the downstream.

 

3、 Future forecast

 

The potassium sulfate analyst of business club thinks that the domestic potassium sulfate Market is stable but weak this week, and the potassium chloride market is declining. The cost support of domestic potassium sulfate is weakened. The supply side is low but the follow-up situation on the demand side is poor. In addition, there are more goods in the market. It is expected that the domestic potassium sulfate price will continue to weaken in the short term due to poor demand.

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