February 6th News
On February 6th, the ex-factory price of Mannheim 50% powder potassium sulfate was 3,750–3,900 yuan/ton, while the ex-factory price of granular potassium sulfate in Northeast China was 3,850–3,900 yuan/ton, down by 50 yuan/ton. Market procurement for potassium sulfate remains primarily driven by rigid demand restocking, with overall trading activity continuing to be subdued.
Chempricehub Analysis of Potassium Sulfate
Bull-Bear Score: -1
The ex-factory price of potassium sulfate has decreased by 50 yuan/ton, with Mannheim 50% powder quoted at 3,750–3,900 yuan/ton and Northeast granular potassium sulfate quoted at 3,850–3,900 yuan/ton. Market procurement is mainly driven by rigid demand restocking, and trading activity remains weak, reflecting soft demand and relatively ample supply. This is expected to put short-term downward pressure on spot prices of potassium sulfate, with further price weakness anticipated.