Hebei Woldi Trading Co.,LTD
Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
There are no small matters in the urine market, and printing labels helps to make a fuss. Another batch of branded boots that stirred the wind and rain has already landed, and the remaining one with a hidden quantity is still attracting public attention. Many in the industry believe that if China's supply of goods has a large quantity, it will become a major boost for urea to continue to rise in price. Perhaps it is because the story has already been told, and urea prices have fluctuated today rather than continuing to rise generally, and the red light of futures has also temporarily declined. But what can happen then? For a long time, the price of urea has fluctuated, but overall it has remained at a high level, becoming a dominant figure in the fertilizer industry, regardless of right or wrong. At present, the downstream attitude towards urea is: although they dare not pursue unlimited heights, if you try to lower it a little bit, I dare to copy the bottom if you dare to try!
Urea is still the same urea, and no one is watching the sharp decline in urea in the short term, so let's let it go and take a break. Let's look elsewhere and see if there are any other scenery worth appreciating, such as the potassium sulfate that the prosperous beggar counterattacked and became a god.
At present, the operating rate of the Mannheim potassium sulfate industry is about 63%, which is not only the highest value in the year, but also the highest value in the past two years. Before the rebound in mid June, the operating rate was only 39% at that time. Is this change in operating rate okay?
According to statistics from Zhongfei.com, the mainstream factory quotation for 52% of Mannheim's fully water-soluble powder is around 3300 yuan/ton, and the actual transaction reference average price is almost at this level. This price has actually only increased by about 200 yuan/ton since the rebound, which is slightly weaker than the growth of other fertilizers. However, the profit situation has greatly changed, and finally broke free from the constraints of potassium chloride and struggled from the edge of continuous losses, returning to the path of wealth. This is more exciting for potassium sulfate people than the rebound in industry operating rates!
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The improvement in the potassium sulfate market is a result of multiple factors, including long-term low opening rates, downstream short positions waiting to be replenished, recovery of demand, oversold of potassium chloride, rise in nitrogen and phosphorus, and phased export release. The recent sustained upward trend in potassium sulfate prices, in addition to the combined effects of the aforementioned factors, is more supported by the overall upward price atmosphere of the fertilizer market, especially the rebound in potassium chloride prices.
At present, the mainstream quotation and transaction reference average price of potassium sulfate are almost consistent, rather than having obvious moisture in the usual quotation. This does not mean that potassium sulfate cannot rise, but rather indicates that the continuation of a good market situation has exceeded the manufacturer's original expectations. On the other hand, it also indicates that potassium sulfate manufacturers are calm and cherish their good market conditions, and do not want to rashly follow the rise in order to prevent further stimulating the rise of potassium chloride. After all, high prices may once again push themselves back into the abyss and become prosperous beggars.
Little by little, orders have been slowly received from July to September and may continue. Potassium sulfate, which has good profits, empty inventory, and tight supply, should follow the market movements and there is no need to join the surge army. As the saying goes, if you break through your single wooden bridge, I'll take a stroll through my Yangguan Road and steal half a day's leisure. It's great.
Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate
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