1、 Price trend
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2、 Market analysis
According to the data of business agency, the domestic potassium sulfate market bottomed out and rebounded in early November, and the spot price rose slightly. As of November 4, the average price of domestic potassium sulfate 50 particle sample was 4066.67 yuan / ton, with an increase or decrease of + 1.67% compared with the average price at the beginning of the month.
At present, the weakness of the domestic potassium sulfate Market has eased. Although the improvement of market momentum is still limited, the supply of low-cost goods has decreased. In addition, there is a slight shortage of spot in the domestic potassium fertilizer market, the upstream potassium chloride operates smoothly, and the spot price support of potassium sulfate is still stable. There is no large-scale purchase by end users, and the shipping resistance of traders is still. At the beginning of this month, the operating rate of processing potassium sulfate enterprises decreased steadily, and the overall load remained below 60%. The mentality of the industry is general, and the low price spot offer of potassium sulfate on the floor tries to increase in a narrow range. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4100 yuan / ton. The factory reference price of Shijiazhuang Haofang 50% potassium sulfate powder is quoted as 4200 yuan / ton.
3、 Future forecast
Potassium sulfate analysts of business agency believe that the low price of domestic potassium sulfate rose in early November, and the market of potassium chloride was stable. At present, the cost support of domestic potassium sulfate is relatively stable, the demand of downstream users is generally followed up, and the market mentality is still wait-and-see. It is expected that the domestic potassium sulfate price may continue to stabilize in the near future.
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