1、 Price trend

2、 Market analysis

According to the data of business agency, the domestic potassium sulfate market continued to be weak in early September, and the spot price was mostly reduced. As of September 3, the average price of 50 particle samples of domestic potassium sulfate was 4200 yuan / ton, a decrease of 2.33% compared with the average price at the beginning of the week and an increase of 57.01% year-on-year.

The long-term rising market in the early stage led to the high price of potassium sulfate. The rising trend of the potassium fertilizer market has weakened in recent two months and gradually turned into a weak market. At the end of last month, the mentality of operators was unstable, and the spot of potassium sulfate was under pressure. In terms of industry load, the market pressure is diverted by reducing the operating rate. The operating rate of processing potassium sulfate plant continues to decline and is currently stable at less than 50%. In terms of potassium chloride, the overall market is deadlocked and volatile. In the short-term market, under the influence of supply and demand and raw materials, the potassium chloride market is dominated by high-level consolidation. The upstream support is general, and the profitability of potassium sulfate enterprises is poor at present. In terms of terminal demand, it remained low, the market momentum was poor, businesses gave up profits and sold at a low price. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4300 yuan / ton. The ex factory reference price of 52% potassium sulfate powder of tripartite chemical group is 4100 yuan / ton.

3、 Future forecast

The potassium sulfate analyst of business agency believes that the domestic potassium fertilizer market continued to weaken in early September, and the market of raw potassium chloride is general. The cost support of domestic potassium sulfate is poor, and the low load of enterprises buffers the market pressure. There is a serious lack of follow-up by end users, most of them have a bearish mentality in the future, and the weak phenomenon of supply and demand in the industry is obvious. It is expected that the price of domestic potassium sulfate may continue to be adjusted weakly in the near future.