This week, the price of imported potassium chloride fell by 0.65% (8.6-8.12)

1、 Price trend

 

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It can be seen from the above figure that the domestic market price of imported potassium chloride fell slightly this week, with the price falling from 5166.67 yuan / ton at the end of last week to 5133.33 yuan / ton at the end of this week, a decrease of 0.65%. This week, the factory price of domestic potassium chloride was temporarily stable. This week, the factory price of potassium chloride in domestic salt lakes is 4480 yuan / ton. On August 14, the isobutyraldehyde commodity index was 35.19, which was the same as yesterday, down 66.67% from the highest point of 105.58 in the cycle (September 16, 2021), and up 3.99% from the lowest point of 33.84 on August 7, 2022. (Note: period refers to September 1, 2021 to now)

 

2、 Market analysis

 

This week, the quotation of domestic mainstream manufacturers of potassium chloride dropped slightly: the factory price of potassium chloride in Qinghai Salt Lake at the weekend was about 4480 yuan / ton. Xiangyang youdeshi’s potassium chloride distribution quotation this weekend is 5200 yuan / ton, which is temporarily stable compared with that at the beginning of this week. Zibo Dehe’s potassium chloride distribution quotation this weekend is 5000 yuan / ton, which is 100 yuan / ton lower than that at the beginning of the week. Anhui Badou’s potassium chloride distribution quotation this weekend is 5200 yuan / ton, which is temporarily stable compared with last weekend. The price of 62% white potassium in the port is about 4800-4900 yuan / ton. The self raised price of 60% of the port red particles is about 4800-4900 yuan / ton. 62% of Russian White potassium in border trade is about 4500-4600 yuan / ton. The arrival price of 60% white potassium in Qinghai is about 4800-4900 yuan / ton.

 

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From the perspective of the downstream market of potassium chloride, the factory price of potassium carbonate this week was adjusted at a low level, with a price of 9775.00 yuan / ton, an increase of 18.66% over the same period last year. This week, the factory price of potassium nitrate was adjusted at a low level, with a price of 7050.00 yuan / ton, an increase of 23.14% over the same period last year. On the whole, the downstream market of potassium chloride is low, and the demand of downstream customers for potassium chloride is weakened.

 

3、 Future forecast

 

The overall trend of the potassium chloride Market in the middle and late August may be dominated by a narrow fluctuation. The price of potassium chloride in Salt Lake and zangge is high, but the market supply is still limited, and the supply is relatively tight. The downstream market of potassium chloride has declined slightly, and the downstream demand has weakened, mainly due to the purchase. The international price of potash fell slightly. The potassium chloride analysts of business club believe that the import price of domestic potassium chloride may drop slightly in the short term.

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