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Potassium Sulphate Price Information Spec: China national standards;50%;98%;99%|Industrial grade;96%-97%;Industrial grade;≥50%|Premium grade;≥50.00%|Premium grade;52percent
The price floor is solid because of supply constraints from Canadian mine disruptions and BHP's cost overruns. But sulphate's premium over muriate may compress if MOP prices spike faster. For buyers, locking in Q4 contracts now could hedge against autumn restocking demand.
The export restriction policy is a double-edged sword. It protects domestic supply but prevents Chinese producers from capturing higher international margins. If Beijing relaxes quotas, Lop Nur's cost advantage could make China a competitive exporter, especially to Southeast Asian markets.