1、 Price trend

2、 Market analysis

According to the data of the business agency, the domestic potassium sulfate market fell this week, and the spot prices of various brands were reduced. As of September 2, the average price of 50 particle samples of domestic potassium sulfate was 4766.67 yuan / ton, up or down by – 2.72% compared with the average price at the beginning of the week.

Recently, the momentum of the domestic potash fertilizer market has continued to decline, and the operating rate of potassium sulfate Mannheim type enterprises has continued to be low. In the early stage, some enterprises increased their load by producing autumn compound fertilizer, but recently the operating rate of the industry has dropped to nearly 20%. Although the supply of potassium sulfate enterprises is low, the on-site supply is abundant, and it is difficult for the supply side to support the spot market. The downstream consumption was poor, and the flow of compound fertilizer sources was slow in the third quarter, especially in the north. In addition, export sales were affected to a certain extent by the export policy before, which formed various pressures on the on-site supply. The upstream potassium chloride continued to weaken. Border trade and port cargo volume continued to rise, imported and domestic goods filled domestic inventory at the same time, downstream enterprises such as potassium carbonate and potassium nitrate purchased generally, and competition in the field was strengthened. Some businesses lost money and dumped goods in the field, and the price had fallen below the cost price. Potassium chloride has poor support for processing potassium sulfate enterprises. The quotation of potassium sulfate in the market continued to fall, the profit situation of merchants was poor, the quotations in many regions were upside down, and the news of new orders was scarce.

3、 Future forecast

Analysts of potassium sulfate of business club believe that: this week, the market of domestic potassium sulfate continues to decline, and the market of potassium chloride falls. The cost support of domestic potassium sulfate is weakened, the supply side is general, but the follow-up situation on the demand side is poor, and the export sales are reduced, and the on-site shipment is not smooth. It is expected that the domestic potassium sulfate price will continue to weaken in the short term due to poor demand.