1、 Price trend

As can be seen from the above figure, the ex factory price of domestic potassium chloride is temporarily stable this week. This week, the factory quotation of domestic salt lake potassium chloride was 3190.00 yuan / ton, up 46.67% year-on-year compared with the same period last year. The market price is about 3900-3950 yuan / ton. The domestic market price of imported potassium chloride increased slightly, and the quotation increased from 4250.00 yuan / ton last weekend to 4316.67 yuan / ton this weekend, an increase of 1.57%. Overall, the domestic potassium chloride market rose slightly this week. On January 23, the commodity index of potassium chloride (import) was 113.60, unchanged from yesterday, hitting a record high in the cycle, up 17.46% from the lowest point of 96.71 on September 16, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers increased slightly this week: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend was 3190 yuan / ton, which was temporarily stable compared with that at the weekend; Anhui Badou 62% Russian White potassium distribution quotation is 4300 yuan / ton, an increase of 100 yuan / ton compared with last weekend. Xiangyang youdeshi potassium chloride distribution quotation is 4300 yuan / ton, up 100 yuan / ton compared with last weekend. Zibo Dehe potassium chloride distribution quotation is 4350 yuan / ton, which is temporarily stable compared with last weekend; The price of 62% white potassium in the port is about 4200-4300 yuan / ton. Border trade 62% Russian White potassium is about 4100 yuan / ton.

From the downstream market of potassium chloride, the ex factory price of potassium carbonate rose slightly this week. The quotation increased from 8166.67 yuan / ton at the beginning of the week to 8266.67 yuan / ton at the end of the week, an increase of 1.22%, an increase of 25.73% year-on-year compared with the same period last year. The ex factory price of potassium nitrate rose slightly this week. The quotation increased from 5866.67 yuan / ton at the beginning of the week to 6033.33 yuan / ton at the end of the week, an increase of 2.84%, up 44.51% year-on-year compared with the same period last year. Overall, the downstream market of potassium chloride rose slightly, and the downstream demand for potassium chloride was good.

3、 Future forecast

In late January, the overall trend of potassium chloride market may rise slightly. The price of Salt Lake and zangge potassium chloride is stable and the volume is increasing in succession, but the market supply is still limited and the supply is tight. The winter storage market has started one after another, and traders take a small amount of goods. From the perspective of downstream demand, the downstream market of potassium chloride increased slightly, the downstream demand is good, and the just need to purchase is mainly. The news said that a large contract was about to be signed in the near future, boosting confidence. The international price of potash fertilizer is adjusted at a high level, and the domestic potash fertilizer is still likely to rise. Potassium chloride analysts of business society believe that the domestic potassium chloride price may fluctuate slightly in the short term, focusing on the news related to large contracts.