1、 Price trend
2、 Market analysis
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According to the data of business agency, the domestic potassium sulfate Market was sorted out and operated at a high level in mid April, and the spot price was generally deadlocked. As of April 15, the average price of 50 particle samples of domestic potassium sulfate was 5050 yuan / ton, up or down – 0.33% compared with the average price at the beginning of the month.
This week, the momentum of the domestic potash fertilizer market is OK, the operating rate of potassium sulfate Mannheim enterprises remains low, stable at less than 50%, and the on-site supply continues to be in short supply. Recently, the national reserve of potash fertilizer has continued to release goods and stabilize the price, the price of Salt Lake and cangge potassium chloride is high, and the impact of domestic health events on transportation is gradually decreasing. The high price of potassium chloride also supports the processing potassium sulfate enterprises. The situation in Russia and Ukraine in Eastern Europe is still uncertain. The transportation of potash fertilizer producing areas has been affected. At present, the arrival of border trade and ports is limited. In terms of demand, it is currently in the release stage of spring farming demand, but the trading of potassium sulfate has slowed down recently, resulting in a game between on-site supply and demand.
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3、 Future forecast
The potassium sulfate analyst of business agency believes that the high price of domestic potassium sulfate is strong in mid April, and the market of potassium chloride is high and sideways. The cost support of domestic potassium sulfate is relatively strong, the follow-up on the demand side slows down, and the supply remains compact. The improvement of border trade and port transportation and arrival is limited. It is expected that the price of domestic potassium sulfate may still be strong due to the advantages of the supply side in the short term.
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