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Domestic potassium news | Domestic and imported prices are stable, but the stalemate continues Comefrom:www.jiayan.cn    AddDate:2024-08-02    Hit:428

The new price of Yanhu in August remained stable. At the same time, Sinochem and Sinoagri have not reduced prices so far. From the upper level, the current domestic import prices are temporarily stable, but from the market point of view, although the price has not fallen much, there have not been many transactions recently, and the downstream is also waiting and watching, and the stalemate is very obvious. Damao believes that there has been no goods, the downstream has not bought, and there may be a problem of tight supply and demand, so it is not in a hurry to adjust the price. The current mainstream quotation of 62% white potassium in the port is about 2550-2600 yuan/ton; it is rumored in the border trade market that a new order has been signed, with a quantity of about 40,000-50,000 tons. There are not many official quotations for the time being, and the price may be around 2450-2500 yuan/ton.

The price of SOP has fallen slightly, mainly because there are not many new transactions. The overall operating rate of the processing-type Mannheim plant is temporarily stable at a high level, and some manufacturers have temporarily stopped or reduced production, but they may resume soon; the operating rate of resource-based SOP is very low, and manufacturers still focus on the previous orders. Due to the lack of enthusiasm for new orders and increased sales pressure, the price of SOP began to fall. The low-end ex-factory price of Mannheim 52% fully water-soluble powder in North China and East China fell from 3,600 yuan/ton to 3,500 yuan/ton. At present, the market generally believes that the potassium sulfate market will be weak and consolidated, and it is recommended to focus on the price trend of potassium chloride.