1、 Price trend
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2、 Market analysis
According to the data of business agency, after the domestic potassium sulfate market rose in June, the spot prices rose by a narrow margin. As of June 29, the average price of domestic potassium sulfate 50 particles was 5566.67 yuan / ton, up or down +1.21% compared with the average price at the beginning of the month.
The domestic potash fertilizer market momentum was strong this month and eased at the end of the month. The operating rate of potassium sulfate Mannheim enterprises was adjusted in a narrow range, but the overall operating rate was about 45%, and the on-site supply was acceptable. In terms of potassium chloride, the price of potassium at home and abroad rose at the beginning of the month, supported by the procurement of potassium carbonate and potassium nitrate enterprises, and the potassium chloride market is still strong. At the end of the month, the price was slightly corrected, but the demand of downstream enterprises was stable. Superimposed on the tension in Eastern Europe, Russia and Ukraine for a long time, the export situation of potash fertilizer producing areas is restricted, and the arrival volume of border trade fluctuates, which generally supports the processing potassium sulfate enterprises smoothly. Potassium sulfate rose at the beginning of the month, and the market offer remained stable in the middle and late days of the month. The new single price of potassium sulfate is at a high level. In terms of demand, the on-site trading is average, and the downstream purchasing is relatively stable.
3、 Aftermarket forecast
According to the potassium sulfate analyst of the business agency, the domestic potassium sulfate market rose in June, and the potassium chloride market fluctuated in a narrow range, with an overall rise. The cost of domestic potassium sulfate is fairly supported, the follow-up on the demand side is average, and the supply side remains compact. It is expected that the domestic potassium sulfate price may be adjusted horizontally in the short term.
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