According to the monitoring of the Commodity Market Analysis System of the Business Society, the price of 50% potassium sulfate at the beginning of this week was 3683 yuan/ton, and the price of 50% potassium sulfate at the end of this week was 3466 yuan/ton, a decrease of 5.88% in price.
The price of potassium sulfate in the domestic market declined, mainly because the price of raw potassium chloride declined, thus affecting the sales price of potassium sulfate. At present, the factory price of 50% potassium sulfate powder from Mannheim is mostly 3100-3200 yuan/ton, and the factory price of 52% of potassium sulfate powder is mostly 3200-3500 yuan/ton. The price in the southern market is still higher than that in the northern market, but in the case of obvious differences, some northern sources of goods are still supplied to the southern market.
The overall trend of domestic compound fertilizer factories is stable, with operating rates maintained at around 40%. In addition, with factories mainly producing high nitrogen fertilizers recently, the procurement of potassium fertilizer raw materials is not active, and the prices of raw materials are unstable. Therefore, procurement is mainly based on demand.
Forecast: The domestic potash fertilizer market is still in a weak downward state, without good support, and the market price is expected to be dominated by weak consolidation trend.
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