1、 Price trend

2、 Market analysis

According to the data of business agency, the domestic potassium sulfate market fell in the third week of August. As of August 20, the average price of 50 particle samples of domestic potassium sulfate was 4466.67 yuan / ton, an increase of 0.75% over the average price at the beginning of the month and 66.98% over the same period last year.

The domestic potassium sulfate price began to fall in the third week of August. After a long-term rise in the market, the current potassium fertilizer market is gradually becoming weak. Due to the long-term rise of domestic spot prices, the price range of potassium sulfate has been high for a long time, and the price of potassium sulfate has begun to decline at a high level recently. In terms of industry load, the operating rate of processing potassium sulfate unit further decreased this week, and the overall operating rate has fallen by less than 50%. The upstream potassium chloride fertilizer also fell, the resistance to on-site shipment increased, and the price decreased passively. The upstream is sluggish, and the cost of potassium sulfate is weakened. In addition, the previous high cost pressure has led to the deterioration of enterprise profitability. Recently, the market momentum is poor, the actual order transaction is difficult, and the market goes down. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4500 yuan / ton. The ex factory reference price of 52% potassium sulfate powder of Hebei Gaoqiao agriculture is reported as 4600 yuan / ton.

3、 Future forecast

Potassium sulfate analysts of business agency believe that the domestic potassium fertilizer market weakened in the third week of August, and the market of raw potassium chloride was poor. While the cost support of domestic potassium sulfate has been weakened, the poor profitability has forced enterprises to load. In addition, the end-user’s follow-up is not strong, the merchants give up profits to ship, the seller’s camp’s shipping resistance rises suddenly, and there is a weak pattern of supply and demand in some parts of the industry. It is expected that the price of domestic potassium sulfate may continue to weaken in the near future.