Tight supply, high price of potassium sulfate in early May

1、 Price trend

 

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2、 Market analysis

 

According to the data of business agency, the domestic potassium sulfate market rose at a high level this week, and the spot price generally continued to rise. As of May 12, the average price of 50 particle samples of domestic potassium sulfate was 5333.33 yuan / ton, up or down by + 5.61% compared with the average price at the beginning of the month.

 

This week, the momentum of the domestic potash fertilizer market was OK. The operating rate of potassium sulfate Mannheim enterprises increased slightly, but remained below 50%, and the on-site supply continued to be tight. In terms of potassium chloride, due to the good purchasing enthusiasm of potassium carbonate and potassium nitrate enterprises in the near future, there are still few goods delivered by superimposed shipping, the on-site supply is limited, and the price continues to rise, which has a certain support for processing potassium sulfate enterprises. The impact of domestic health events this week was stable, and shipments in many places in East China gradually improved. The Russian Ukrainian Bureau in Eastern Europe is becoming more and more nervous. The export of potassium fertilizer producing areas is restricted to a certain extent, the arrival of imported potassium is affected, and the arrival of border trade is better than that of sea transportation. In terms of demand, the current on-site trading is general, and businesses try to report high prices.

 

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3、 Future forecast

 

The potassium sulfate analyst of business agency believes that the high price of domestic potassium sulfate Market has risen this week, and the high price of potassium chloride has risen. The cost support of domestic potassium sulfate is relatively strong, the follow-up on the demand side is OK, and the supply side remains compact. The improvement of border trade and port transportation and arrival is limited. It is expected that the domestic potassium sulfate price may still be affected by the tight supply in the short term.

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