February 4th News On February 4th, the mainstream ex-factory price of 52% powdered potassium sulfate rose to 3,950–4,150 yuan per ton, an increase of 50 yuan per ton. Driven by the significant rise in the prices of raw materials potassium chloride and sulfuric acid, market supply remains tight, leading to a continuous increase in potassium sulfate prices. Chempricehub Analysis: Potassium Sulfate – Bull-Bear Score: 1.5 Reasoning: The spot price of potassium sulfate continues to rise. On February 4th, the mainstream ex-factory price increased to 3,950–4,150 yuan per ton, a rise of 50 yuan per ton. This is primarily driven by the significant increase in the prices of raw materials potassium chloride and sulfuric acid, coupled with persistently tight market supply. The supply shortage has put pressure on the demand side, benefiting spot prices. This increase represents a moderate positive level, not reaching a major positive extent, but the upward price trend is evident in the short term. Potassium Chloride – Bull-Bear Score: 1.5 Reasoning: As a primary raw material for potassium sulfate, the article notes that the significant rise in potassium chloride prices has driven up the cost of potassium sulfate, indicating tight supply and demand or strong demand in the potassium chloride spot market. Rising raw material prices typically reflect supply shortages or increased downstream demand, which benefits spot prices. The positive impact is at a relatively strong level, but it must be evaluated in conjunction with the overall market supply situation. Sulfuric Acid – Bull-Bear Score: 1.5 Reasoning: The article mentions a significant increase in sulfuric acid prices. As a key raw material in potassium sulfate production, its rising costs directly push up potassium sulfate prices. This indicates tight supply or strong industrial demand in the sulfuric acid spot market, benefiting spot prices. The bull-bear score is 1.5, representing a relatively strong positive impact, but attention must be paid to the risks of raw material price fluctuations and their effects on overall supply and demand.