March 10th News
On March 10th, domestic Xinjiang Luo Potassium 52% powder was quoted at 3,750–3,780 yuan/ton, while Qinghai 50% powder was quoted at 3,520–3,580 yuan/ton, representing a slight increase of 20 yuan/ton. The industry's operating rate further declined, leading to tighter spot supply.
Chempricehub Analysis of Potassium Sulfate
Bull-Bear Score: +1
The article indicates that spot quotations for potassium sulfate have slightly increased by 20 yuan/ton (Xinjiang 52% powder quoted at 3,750–3,780 yuan/ton, Qinghai 50% powder quoted at 3,520–3,580 yuan/ton). The decline in the industry's operating rate has resulted in tighter spot supply, reflecting a significant contraction on the supply side and supporting price increases. Reduced supply combined with resilient demand has collectively driven positive market sentiment, providing a moderate boost to spot prices. Therefore, the score is +1.