1、 Price trend

2、 Market analysis

According to the data of the business agency, the market of potassium sulfate in Hebei is stable this week, and the output of Mannheim potassium sulfate is about 2550 yuan / ton for 50% powder and 2650 yuan / ton for 50% granules and 52% water soluble powder. Overall, the market remained stable. With the increase of autumn fertilizer market demand, the inventory pressure is small. Spot supply overall stable, in the cost price continued to rise, the overall price is at a high level. At present, the price of potassium sulfate in water salt system is tight, and the supply of goods in Qinghai Province is in short supply. Luo potassium has already exceeded the annual sales plan. Currently, it is mainly to ship Southern tobacco bills. Since October 22, 2020, the selling price of ROC potassium sulfate products of SDIC will be increased by 100 yuan / ton.

From January to September, China’s total export volume of potassium sulfate was 291000 tons, an increase of 12000 tons, or about 4%, compared with 279000 tons in the same period last year. According to statistics, at present, the effective production capacity of domestic potassium sulfate is nearly 7 million tons, and the new production capacity under construction and planned is at least 1 million tons, while the domestic consumption is only about 4 million tons. Compared with this, the export volume is just a comfort.

The domestic market price of potassium chloride showed a slight upward trend. In terms of domestic potassium, Salt Lake plants are in normal production, while in terms of 60% powder and imported potassium, the prices of some products have increased. The downstream demand remained stable and many winter storage sites were opened, but the progress was slow and the downstream purchasing enthusiasm was not high.

3、 Future forecast

The potassium sulfate analysts of the business club believe that: Although the downstream demand has recovered, but there is a lot of wait-and-see mentality, and the procurement is not active enough, and the potassium sulfate market basically remains stable in the short term,.