On January 5th, the mainstream ex-factory price of 52% powdered potassium sulfate rose to 3,950–4,150 RMB/ton, an increase of 50–100 RMB/ton. This price hike was driven by significant increases in the prices of raw materials, potassium chloride and sulfuric acid, along with persistently tight market supply, leading to continuous price increases for potassium sulfate.
PriceSeek Analysis: Potassium Sulfate
Bull-Bear Score: +2
The mainstream ex-factory price of 52% powdered potassium sulfate increased by 50–100 RMB/ton to 3,950–4,150 RMB/ton, primarily driven by significant price hikes in raw materials, potassium chloride and sulfuric acid. Persistent tight market supply has resulted in cost-push pressures and supply shortages. This situation constitutes a significant positive factor for the spot price of potassium sulfate, with a score of +2, as the notable price increase and supply-demand imbalance reinforce the upward trend.
Potassium Chloride
Bull-Bear Score: +2
As a key raw material for potassium sulfate, the significant price increase of potassium chloride reflects supply tightness or increased demand, directly raising production costs for downstream products. This factor constitutes a significant positive factor for the spot price of potassium chloride, with a score of +2, as rising raw material costs strengthen price support and improve market expectations.
Sulfuric Acid
Bull-Bear Score: +2
The significant price increase of sulfuric acid, as a raw material for potassium sulfate production, has driven cost increases and price hikes for downstream products. This situation constitutes a significant positive factor for the spot price of sulfuric acid, with a score of +2, as strong demand and tight supply continue to push prices higher, benefiting short-term market trends.
Comments
0