According to the monitoring of the Commodity Market Analysis System of the Business Society, the price of potassium sulfate with a 50% content at the beginning of this week was 3316 yuan/ton, and the price of potassium sulfate with a 50% content at the end of this week was 3333 yuan/ton, a decrease of 0.50% in price.
The domestic market price of potassium sulfate also continues to rise with the price of potassium chloride, and the number of inquiries for granular potassium sulfate in the northern market has significantly increased. Currently, Mannheim potassium sulfate manufacturers have a large number of pending orders in the early stage, and some factories have continued to accept orders until mid to late September. Currently, the factory price of 50% Mannheim potassium sulfate powder is mostly between 3250 and 3400 yuan/ton, and the factory price of 52% Mannheim potassium sulfate powder is mostly between 3400 and 3600 yuan/ton.
The overall supply of domestic potassium fertilizer sources is relatively tight, with raw material prices continuing to rise and nitrogen fertilizer prices fluctuating. The procurement of raw materials by downstream compound fertilizer factories is slightly difficult, and most factories maintain a “use and collect” model for potassium fertilizer, with cautious factory operations.
Prediction: The domestic potassium fertilizer market is facing tight supply, and it is expected that the market price may mainly show a slight upward trend.
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