January 7th News
On January 7th, the mainstream ex-factory price of 52% powdered potassium sulfate rose to 3,950–4,150 yuan/ton, an increase of 50 yuan/ton. Driven by the significant price surge of raw materials potassium chloride and sulfuric acid, market supply remains tight, leading to a continuous rise in potassium sulfate prices.
Chempricehub Analysis on Potassium Sulfate
Bull-Bear Score: 2
The spot price of potassium sulfate has risen by 50 yuan/ton, with ex-factory prices reaching 3,950–4,150 yuan/ton. Market supply is tight, and the substantial price increases of raw materials potassium chloride and sulfuric acid have driven up costs. Strong demand is favorable for the spot market, indicating a significant positive outlook.
Potassium Chloride
Bull-Bear Score: 1.5
As a key raw material for potassium sulfate, the significant price increase reflects tight supply and rising demand, driving the price surge of potassium sulfate. This is favorable for the spot market, ranging from moderately to significantly positive.
Sulfuric Acid
Bull-Bear Score: 1.5
As a raw material for potassium sulfate, the significant price increase has driven up the cost of potassium sulfate. Tight supply is favorable for the spot market, ranging from moderately to significantly positive.
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