During the second half of 2024, the global potassium sulfite market faced a general increase in prices. In the Asian region, prices increased as the cost of raw materials, especially chemicals, increased. The local production of potassium sulfite remained constant, but the limited availability of the material from other countries, as well as the inventory levels of local traders, helped support the prices. The demand for potassium sulfite from the agricultural sector increased, which helped maintain a firm market.
In the European region, the prices of potassium sulfite increased. The cost of raw materials, as well as chemicals, increased, which led to a surge in production costs. The local production of potassium sulfite faced a shortage of raw materials, which led to a surge in prices. The demand for potassium sulfite from the agricultural sector helped maintain a firm market.
North America also saw prices move upward, although more gradually. Supply chain disruptions, including localized production stoppages and external labor strikes, limited availability of raw materials. Seasonal agricultural demand provided consistent support, but buyers remained cautious due to higher prices and uncertainty over future supply.