1、 Price trend
According to the price monitoring of the business agency, the potassium sulfate market continued to rise in March, with the highest price increase of more than 100 yuan. In the spring farming season, the potassium sulfate sales peak season, plus the low operating rate after the previous year, no inventory pressure, the price went up all the way.
| PVA 1799 (PVA BF17) |
2、 Market analysis
At the beginning of March, the agricultural demand for potash fertilizer increased continuously, the start-up of downstream compound fertilizer enterprises increased significantly, the upstream potassium chloride market also increased gradually, and the potassium sulfate Market improved accordingly. After the year, the shutdown and maintenance of the plants in Mannheim’s potassium sulphate enterprises were more frequent, with the operating rate of about 50%. The water and salt system only started to operate with luok. The enterprises had no inventory pressure, and the price of hydrochloric acid was stuck upside down, and the market began to rise steadily. By the end of March, the operating rate of potassium sulphate industry in Mannheim, the Northeast market, was still as high as 80%. Although there was no upward momentum in the price of potassium sulphate, the overall price was mainly stable. The main factory price of 52% water-soluble powder and 50% Extruded round grain was 2850 yuan / ton, basically no preferential policy. The registration station of potassium sulphate manufacturer in water salt system: Xinjiang 51-52% powder 3100-3150; Qinghai 50% powder 2300-2380. Many Mannheim manufacturers have too many orders, some of which have been scheduled for the middle and late April.
3、 Industrial chain
Upstream: the fluctuation trend of potassium chloride price will continue for a period of time, because there is a lot of port inventory and the border trade continues to arrive, the price should not fall sharply, and once the negotiation of large contracts continues to delay, it is not ruled out that the price may also fluctuate slightly again.
| PVA 1788 (PVA BP17) |
Downstream: at the end of March, the demand for compound fertilizer in spring has basically entered a period of completion, and the demand space has been more than half, so there is no big wave in the short term.
4、 Future forecast
Business analysts believe that at present, Mannheim manufacturers’ orders are mainly shipped in the early stage, and the quotation tends to be high-end gradually. The volume of new orders is fair, and the shipping pressure is not big. It is expected that the price will remain stable in the short term and pay attention to the change of upstream potassium chloride market at any time.
| http://www.barium-chloride.com |