Potassium chloride market consolidation stability, business wait and see atmosphere

Last week (August 28 – September 1), the domestic market stability of potassium chloride market stability, business wait and see atmosphere. September 4, China’s potassium chloride wholesale price index (CKPI) was 1879.62 points, up 6.36 points, or 0.34%; down 15.05 points, down 0.79%; compared with the base period fell 1410.97 points, down 42.88%.

Supply situation: domestic potassium, the normal operation of the Qinghai region, the output stability; salt lake 60% of the mainstream offer of potassium chloride to maintain 1850-1870 yuan / ton. Port potassium, the port has come to the arrival of potash, large traders continue to deliver goods, the number of ports in the stock increased; 62% of the Russian white potassium, for example, the northern port of the mainstream offer to maintain 1980-2000 yuan / ton. Border trade potassium, temporarily no goods, plans to sign 40,000 tons of potash in September, mainly 62% of white crystal and a small amount of white powder, the intention to offer 1,800 yuan / ton.

Demand: agriculture, the potash market into the off-season, deserted demand, the market price of no city. Industry, affected by environmental inspection, compound fertilizer business operating rate is low, the new single purchase enthusiasm is not high; business more than wait and see attitude, the purchase of potassium chloride is limited.

International market: The international market for potassium chloride rose slightly last week. Among them, compared with the previous week, Canada’s low price of potassium chloride rose 7 US dollars / ton, high-end prices rose 3 US dollars / ton, to 217-237 US dollars / ton; Israel’s high prices of potassium chloride rose 5 US dollars / ton, 222-282 US dollars / ton; Jordan low prices of potassium chloride rose 5 US dollars / ton, high-end prices rose 2 US dollars / ton, 222-270 US dollars / ton; Southeast Asia, high prices of potassium chloride rose 6 US dollars / ton, 250 -260 US dollars / ton; Brazil’s high-end prices of potassium chloride rose 3 US dollars / ton, 260-270 US dollars / ton.

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The domestic market: domestic potassium chloride market prices were mixed last week. Association of monitoring data show that the wholesale price of domestic potash fertilizer provinces, Sichuan, Hubei, Yunnan prices compared to the previous week were up 170 yuan / ton, 122.7 yuan / ton, 55 yuan / ton, Zhejiang prices were down compared to the previous week, 25 yuan / Ton, the price of other provinces to maintain stability; import potassium chloride provinces wholesale prices, Hubei, Yunnan, Guangxi prices were down 20.2 yuan / ton, 16 yuan / ton, 10 yuan / ton, the other provinces prices remained stable.

With the arrival of pots in the port, will add the port potash stocks, increase the supply of domestic potash, potash may be the situation of excess supply. It is expected that the market price of potash fertilizer will fluctuate or fluctuate slightly next week, with a focus on changes in domestic demand for potash fertilizer.

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