The demand is low, and the price of potassium sulfate drops

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 decreased. As of August 18, the average price of 50 particle samples of domestic potassium sulfate was 5100 yuan / ton, up or down by – 4.67% compared with the average price at the beginning of the month.

This week, the domestic potash market momentum continued to decline. The operating rate of potassium sulfate Mannheim type enterprises continued to decline, and the overall operating rate has dropped to nearly 20%. The downstream consumption is not good, and the potassium sulfate enterprise has a low load but a high inventory position, which makes it difficult for the supply side to support the spot. The previous export policy continued, and export sales were affected to a certain extent, which also increased the supply pressure on the floor. The upstream potassium chloride continued to decline this week. Border trade and port cargo volume continued to be high, imported and domestic goods filled domestic inventory at the same time, and downstream enterprises such as potassium carbonate and potassium nitrate purchased generally. The competition in the field was strengthened, and the price had been reduced to the cost price. Potassium chloride has poor support for processing potassium sulfate enterprises. This week, the market price of potassium sulfate fell, the profit situation of merchants was poor, the prices of many regions were inverted, and the news of new orders was rare.

3、 Future forecast

The potassium sulfate analyst of the Business Association believes that the domestic potassium sulfate Market has fallen this week, and the potassium chloride market has fallen. 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.