1、 Price trend
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2、 Market analysis
According to the data of business agency, the domestic potassium sulfate market continued to rise in mid February, and the spot price increased to a certain extent. As of February 17, the average price of domestic potassium sulfate 50 particle sample was 4333.33 yuan / ton, up or down by + 4.84% compared with the average price at the beginning of the month.
At present, the domestic potash fertilizer market is heating up and its performance is acceptable. In the early stage, the supply of potash fertilizer enterprises based on domestic resource law increased, and the prices of Salt Lake and Zanger potassium chloride were stable, with large quantities in succession, but the market supply was still limited and the supply was tight. Potassium chloride has certain support for Mannheim enterprises. At present, the load position of domestic industry is low, and the overall operating rate is less than 50%. The spot supply of potassium sulfate also remains slightly tight. At present, there is a positive impact on the cost side. After the early winter storage, the supply of traders is consumed. In addition, with the recent implementation of domestic contracts, the current on-site trading has warmed up, and the merchant’s mentality is positive.
3、 Future forecast
The potassium sulfate analyst of business agency believes that the domestic potassium sulfate market rose in mid February, and the market of potassium chloride fluctuated at a high level. At present, the cost of domestic potassium sulfate is fairly supported, and the demand side is warmed up due to the impact of winter storage. It is expected that the price of domestic potassium sulfate may continue to rise in the short term.
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