January 23 News
On January 23, 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, marking a decrease of 50 yuan/ton. Market procurement of potassium sulfate remains primarily driven by rigid demand restocking, and the overall trading atmosphere continues to be subdued.
Chempricehub Analysis of Potassium Sulfate
Bull-Bear Score: -1
Analysis: On January 23, the spot price of potassium sulfate fell by 50 yuan/ton, with the ex-factory price of Mannheim 50% powder dropping to 3,750–3,900 yuan/ton and the ex-factory price of granular potassium sulfate in Northeast China declining to 3,850–3,900 yuan/ton. Market procurement is mainly driven by rigid demand restocking, and the trading atmosphere remains subdued, indicating weak demand and relatively sufficient supply, which exerts downward pressure on spot prices. This decline reflects insufficient terminal demand and slow inventory digestion. In the short term, prices may continue to face downward pressure. It is advisable to monitor subsequent changes in demand and the pace of restocking to assess potential rebound opportunities.