April 29 News: On April 29, the average ex-factory price of 50% powder potassium sulfate produced via the Mannheim process was 4,000 RMB/ton, up slightly by 50 RMB/ton from the previous week. Prices of resource-based products remained stable, while processed products saw slight upward adjustments due to increased raw material costs.
Chempricehub Review of Potassium Sulfate: Bullish/Bearish Rating: 1. The average ex-factory price of potassium sulfate rose slightly by 50 RMB/ton week-on-week, primarily driven by increased raw material costs pushing up processed product prices, while resource-based product prices remained stable. This indicates a tight spot market supply or increased demand, providing positive support to prices and benefiting the spot market outlook. The rating is generally bullish, as the increase is modest but the trend is clear.
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