Market Overview of Potassium Sulfate

The potassium sulfate market has not improved significantly, but the low-end price has not yet seen a breakthrough; it is said that the sales situation has remained weak. Earlier, it was reported that the price of potassium sulfate rebounded in some regions. At present, except for the temporary test by individual manufacturers in Hebei, the rest of the region has not verified the rebound.

The cost support is average, the demand is not strong, and the upper inventory is too high, so even if the decline in the price of potassium sulfate slows down, it may not be able to immediately rebound significantly. It is expected that the low-end prices will continue to consolidate temporarily and the high-end prices will continue to fall.

Mannheim potassium sulfate factory: Northeast 50% powder about 2450; 50% extruded round pellets about 2550-2600. Hebei 50% powder is about 2500; 50% granules and 52% water-soluble powder are about 2600. Shandong 50% powder 2500-2550; 50% granules and 52% water-soluble powder about 2650-2700. 52% of Henan water-soluble powder is about 2700. 52% of Hubei water-soluble powder is about 2750. 52% of Guangdong and Guangxi water-soluble powder is about 2750-2800. Sichuan and Chongqing 50% powder is about 2650; 52% water-soluble powder is about 2850. Northwest 50% powder is about 2500; 51% water-soluble powder is about 2550.

The sales situation of Mannheim and hydrochloride by-produced hydrochloric acid in various regions is still acceptable. However, the input of hydrochloric acid has basically offset the decline in potassium sulfate, and the production enterprises are still in a disadvantaged position. In terms of Mannheim prices, 50% of the mainstream powders from Mannheim, Central China, Henan and Hubei enterprises are priced at 2,700 CNY/ton, and 52% of the powders are priced at 2,800 CNY/ton, subject to preferential negotiations.