According to the monitoring by the Business News Agency, the price of potassium sulfate content 50 at the beginning of this week was 3950 yuan/ton, while the price of potassium sulfate content 50 at the end of this week was 3933 yuan/ton, with a decrease of 0.42%.
The domestic potassium sulfate market price has experienced a slight correction trend, and the unit operating rate of processing type Mannheim potassium sulfate manufacturers has remained at a level of less than 50%. The operating rate is limited, and downstream factories mainly purchase on demand. Currently, the mainstream factory price of Mannheim 52% powdered potassium sulfate is 3850-3950 yuan/ton, and the price of granular potassium sulfate is basically in line with the 52% powdered price. The actual transaction is mainly based on the purchase order, but the overall procurement demand is relatively limited.
The overall operating rate of downstream compound fertilizer plants in the recent period is less than 50%. With the prices of nitrogen, phosphorus, and potassium raw materials all declining, even if there is a small amount of raw material procurement demand from downstream plants, they have maintained the on-demand procurement model, with limited market support for potassium fertilizer.
Prediction: The domestic potash fertilizer market is in a weak and downward state, with a slight confusion in the market. It is expected that the market price may be dominated by a weak consolidation trend.