February 24th News
On February 24th, 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 the Northeast region was 3,850–3,900 yuan/ton, marking a decrease of 50 yuan/ton. The potassium sulfate market continues to see procurement driven primarily by essential restocking, with overall trading activity remaining subdued.
Chempricehub Analysis of Potassium Sulfate
Bull-Bear Score: -1
The price of potassium sulfate has dropped by 50 yuan/ton, with ex-factory prices falling to 3,750–3,900 yuan/ton (powder) and 3,850–3,900 yuan/ton (granular), reflecting either oversupply or weak demand in the market. Procurement is mainly driven by essential restocking, and trading activity remains sluggish, indicating a lack of active buying interest. This exerts downward pressure on spot prices, resulting in a generally bearish score.