On January 14, the mainstream ex-factory price of 52% powder potassium sulfate rose to 3,950–4,150 yuan/ton, an increase of 50 yuan/ton. Driven by the substantial 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. PriceSeek analysis of potassium sulfate, Bull-Bear Score: 2. The article reports that the mainstream ex-factory price of 52% powder potassium sulfate has increased by 50 yuan/ton to 3,950–4,150 yuan/ton. This rise is driven by the significant increase in the prices of raw materials potassium chloride and sulfuric acid, coupled with persistently tight market supply, resulting in continuous price appreciation. This has significantly boosted confidence in the spot market. The combined effects of supply tightness and cost-push factors constitute a major positive, and it is expected that spot prices will continue to strengthen in the short term.

Potassium chloride, Bull-Bear Score: 1.5. As a key raw material for potassium sulfate, the substantial increase in potassium chloride prices reflects tight market supply or strong demand, which is favorable for spot prices. The article indirectly indicates that rising raw material costs are the main driver behind the increase in potassium sulfate prices, reinforcing the bullish outlook for potassium chloride. However, the extent of the price increase is not directly quantified, so the score is moderately bullish.

Sulfuric acid, Bull-Bear Score: 1.5. The significant increase in sulfuric acid prices, as another raw material for potassium sulfate, directly drives up the cost of the end product, which is favorable for spot prices. The article emphasizes that rising raw material costs are the core factor, indicating tight supply in the sulfuric acid market. However, the specific extent of the price increase is not clearly stated, so the score is moderately bullish, and spot prices are likely to follow an upward trend.