Potassium fertilizer exports are expected to increase substantially
| PVA 0588 ( PVA BP05) |
The tentative tariff rate for import and export in 2019 and other adjustments proposed that zero tariff should be imposed on chemical fertilizers and other commodities from January 1, 2019. Before that, the export of potassium chloride and potassium sulfate had to impose a high tariff of 600 yuan per ton, which made the export of potassium fertilizer difficult.
Customs data show that in the first 11 months of 2018, China exported only 7726 tons of potassium sulfate, a decrease of 44.9% over the same period last year, and 54,000 tons of potassium chloride, a decrease of 74.6% over the same period last year. Potassium fertilizer exports are expected to increase substantially after the abolition of export tariffs in 2019.
| PVA |
From the specific export varieties, the export of potassium sulfate deserves more attention. The main reason is that China is a potassium-deficient country, which imports a large amount of potassium chloride every year. Potassium chloride mainly guarantees domestic supply. It is expected that the export volume of potassium chloride will not be too large in 2019. Potassium sulfate is a secondary processed product. Its output has increased dramatically in recent years and is in a state of oversupply. It is urgently needed to digest excess capacity through export. Enterprises are highly motivated to export. Potassium sulfate export is expected to be particularly hot in 2019.
| POLYVINYL ALCOHOL |