According to the monitoring of the commodity market analysis system of the Business Society, the price of 50% potassium sulfate content at the beginning of this month was 3283 yuan/ton, and the price of 50% potassium sulfate content at the end of this month was 3333 yuan/ton, with a price increase of 1.52%.

The domestic market price of potassium sulfate has risen with the price of potassium chloride. Recently, the number of inquiries for granular potassium sulfate in the northern market has significantly increased. Currently, Mannheim potassium sulfate manufacturers have many pending orders in the early stage, and some factories have been taking orders until mid to late September. The factory continues to be in a state of tight supply and zero inventory. Resource based potassium sulfate manufacturers are mostly waiting for production to resume in September. Currently, resource based manufacturers are cautious about the resumption of production by Guotou Luo Potassium and Qinghai CITIC Guoan. Currently, the market has limited stock and prices are slightly chaotic.

The autumn market production is in full swing, with raw material prices continuing to rise, nitrogen fertilizer prices fluctuating, and phosphorus and potassium prices rising all the way. Downstream compound fertilizer factories have found it slightly difficult to purchase raw materials, and most factories maintain a “use and pick” model for potassium fertilizer, with cautious factory operations.

Prediction: In the domestic potassium fertilizer market, buying up is not buying down, and market inquiries are positive. Most regions are reluctant to sell, and it is expected that the market price may mainly show a slight upward trend.