After the big contract of potash fertilizer was signed, the domestic production and distribution enterprises of potassium chloride adjusted the price one after another, and the market price dropped. The price of the big contract equivalent to 60% of the domestic cost was about 1,850 yuan/ton, and the low end of the market has dropped below the price of 1,800 yuan at present.Affected by this, the price of potassium sulfate also fell slightly, but this fall is only the part of the fall in cost, and its profit is only compressed by some.

Spring market conditions are better, inventory temporarily no pressure.Although the potassium sulfate market did not perform well at the end of 2019, the overall fertilizer market did well this spring.Because of the low industry operating rate in February, Mannheim industry operating rate once fell below 40%, and then the low industry operating rate was released at the demand concentration. Not only the inventory was quickly digested, but the order plans of many manufacturers were arranged to the middle and early part of April, and a few were arranged to the end of April.Although later market gradually turned light, but manufacturers inventory is just beginning to increase, not to mention pressure for the time being.

Export market demand is expected.Due to the impact of the epidemic, China's potassium sulfate export experienced the initial worry and wait and see. At present, the overall situation is ok, the quantity is small but the orders are continuous. Although the price has dropped, it is basically the same as the domestic level.Although it is a relatively low season, but the summer market water soluble fertilizer and other convenient to the whole water soluble potassium sulfate demand can still be expected.And stick to June, another year of tobacco bidding market will start again, and will add new support for the potassium sulfate market.

However, potassium sulfate manufacturers also need to pay attention to: Mannheim industry operating rate has returned to 70% of the recent high, and there may be new capacity to come to market in the future;Future demand, including exports, under the influence of public health events, is not entirely predictable;The fertilizer market environment is not so ideal, potassium sulphate manufacturers are also need to consider decreasing demand in the future.