Last week (March 25, 2019 – March 29, 2019), the market demand was insufficient and the price of potassium chloride continued to fall. On April 1, China’s Wholesale Potassium Chloride Price Index (CKPI) was 2231.82 points, down 1.91 points, or 0.09%. It rose 134.69 points, or 6.42%. It fell 1058.78 points, or 32.18%, compared with the base period.
Supply Situation: In terms of domestic potassium, Qinghai Salt Lake plant operates normally with a daily output of about 14,000 tons; the arrival price of 60% crystal powder of the base product maintains 2,350 yuan/ton, and the rebate policy is 30-50 yuan/ton; the start-up of small factories in Qinghai has not been fully restored, and the regional transaction price is about 2,300-2,350 yuan/ton. As for imported potassium, the arrival of potassium in the port continued to increase, with the stock of more than 2.1 million tons. Influenced by the increase of inventory pressure, some traders reduced their prices to about 2 350-2 380 yuan/ton with 62% Russian-white potassium quotation. As for potassium frontier trade, a small amount of new supply is replenished, the stock is general, and the sale is mainly in the Northeast market. The price of 62% Russian-white potassium is maintained at about 2150 yuan/ton.
Demand situation: The main fertilizer for agricultural spring tillage is nitrogen fertilizer, but the demand for potassium fertilizer is insufficient. The shipment of compound fertilizer enterprises improved, and the start-up rate of some enterprises increased. The overall start-up rate of compound fertilizer enterprises increased by 0.96 percentage points to 45.13 percent from the previous week, an increase of 5.13 percentage points over the same period last year.
| Sodium Molybdate |
International market: International potassium chloride prices fell slightly last week. In recent years, the demand of international potash fertilizer market has been slightly weak. In Brazil, the price of potassium chloride has fallen; in Europe, the market demand is still good. In terms of price, the offshore prices of potassium chloride in Canada, the Russian Federation, Jordan and Israel fell by $5-8 per ton at the high end, which were $257-298 per ton, $243-310 per ton, $267-287 per ton and $267-311 per ton respectively; the offshore prices of potassium chloride in Brazil fell by $5 per ton at the low end and $5 per ton at the high end, which were $340-350 per ton; and the offshore prices of potassium chloride in Southeast Asia remained stable at $295-315. Tons per ton.
Table 5: International Potassium Chloride Price Change Table
产品 区域 涨跌幅度
Products: Regional Range of Rise and Decline
（美元/吨） 现货价格（美元/吨）
Spot price (US dollar/ton)
2019-3-28 2019-3-21
2019-3-28 2019-3-21
氯化钾
potassium chloride
(FOB散装) 加拿大 0-↓5 257-298 257-303
(FOB Bulk) Canada 0-5 257-298 257-303
俄联邦 0-↓5 243-310 243-315
Russian Federation 0-5 243-310 243-315
约旦 0-↓8 267-287 267-295
Jordan 0-8 267-287 267-295
以色列 0-↓5 267-311 267-316
Israel 0-5 267-311 267-316
CFR东南亚 0-0 295-315 295-315
CFR Southeast Asia 0-0 295-315 295-315
CFR巴西 ↓5-↓5 340-350 345-355
CFR Brazil_5-5 340-350 345-355
Source of data: collated according to relevant materials
Domestic market: The price of potassium chloride in domestic market has dropped slightly recently. According to the monitoring data of the association, the wholesale prices of the domestic potassium chloride provinces in Hunan and Hubei fell 50 yuan/ton and 43.3 yuan/ton respectively compared with the previous week, while the prices of other provinces remained stable; the wholesale prices of imported potassium chloride provinces in Yunnan, Hubei and Fujian fell 170 yuan/ton, 125.6 yuan/ton and 50 yuan/ton respectively compared with the previous week, while the prices of other provinces remained stable.
| Gamma-PGA (gamma polyglutamic acid) |
表6：国内氯化钾价格变动表
Table 6: Price Change Table of Potassium Chloride in China
品种 省份 2019-3-28
Varieties Provinces 2019-3-28
(元/吨) 2019-3-21
(yuan/ton) 2019-3-21
(元/吨) 涨跌幅
(Yuan/ton) Increase or decrease
(元/吨) 环比
(yuan/ton) ring ratio
Domestic potassium chloride
批发价 湖北 2,340.0 2,383.3 -43.3 -1.8%
Wholesale Price Hubei 2,340.0 2,383.3-43.3-1.8%
湖南 2,270.0 2,320.0 -50 -2.2%
Hunan 2,270.0 2,320.0-50-2.2%
Import potassium chloride
批发价 福建 2,775.0 2,825.0 -50 -1.8%
Wholesale Price Fujian 2,775.0 2,825.0-50-1.8%
湖北 2,660.0 2,785.6 -125.6 -4.5%
Hubei 2,660.0 2,785.6-125.6-4.5%
云南 2,280.0 2,450.0 -170 -6.9%
Yunnan 2,280.0 2,450.0-170-6.9%
Data Source: China Agricultural Circulation Association
At present, the market is abundant in potassium fertilizer supply, traders are forced by inventory pressure, the price of shipment is loose, and the price of potassium chloride has dropped slightly. In the future, in the domestic market, compound fertilizer enterprises will enter the summer fertilizer production period to support the demand for potassium fertilizer; in the international market, the purchase of new international potassium fertilizer orders or delayed until mid-April, it is difficult to improve at present. In summary, it is expected that the domestic price of potassium chloride will stabilize and consolidate in the short term, focusing on the salt lake price policy and the start-up rate of compound fertilizer enterprises.
| http://www.lubonchem.com/ |