The price of imported potassium chloride temporarily stabilized this week (3.4-3.10)

1、 Price trend

 

POLYVINYL ALCOHOL

It can be seen from the above figure that the domestic market of imported potassium chloride this week is temporarily stable, with the price of 3850.00 yuan/ton. The arrival price of domestic salt lake potassium chloride this week is 3500-3600 yuan/ton. About 2.5 million tons are stored in the port. The commodity index of potassium chloride (import) on March 12 was 101.32, which was the same as yesterday, down 30.00% from the highest point of 144.74 (2022-06-21) in the cycle, and up 4.77% 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 quotations of mainstream domestic potassium chloride manufacturers rose and fell each other this week The port’s 62% white potassium self-raised price is about 3500-3600 yuan/ton. The self-raised price of 60% Dahong granules at the port is about 3700-3800 yuan/ton. 62% of Russian white potassium in border trade is about 3400-3500 yuan/ton.

 

From the downstream market of potassium chloride, the ex-factory price of potassium carbonate fell slightly this week, from 9120.00 yuan/ton at the end of last week to 9100.00 yuan/ton at the end of this week, down 0.22%, up 5.81% year-on-year. The ex-factory price of potassium nitrate was temporarily stable this week, at 5940.00 yuan/ton, down 9.31% from the same period last year. On the whole, the downstream market of potassium chloride declined slightly, and the demand of downstream customers for potassium chloride weakened.

 

3、 Aftermarket forecast

 

In the middle and late March, the overall trend of potassium chloride market may fall in a narrow range, mainly in consolidation. The prices of potassium chloride in salt lakes and Zangger were low. The downstream market of potassium chloride fell slightly, and the downstream demand weakened, and the purchase was mainly in demand. International potash fertilizer prices continued to fall. Analysts of KCl from the Business Agency believe that the import price of domestic KCl may fall slightly in the short term.

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