1、 Price trend

As can be seen from the figure above, the domestic market of imported potassium chloride fell slightly this week, with the price dropping 1.08% from 4633.33 yuan/ton at the end of last week to 4583.33 yuan/ton at the end of this week. The factory price of potassium chloride in China is temporarily stable this week. This week, the factory price of potassium chloride in domestic salt lakes is 4480 yuan/ton. On September 12, the potassium chloride (import) commodity index was 120.61, unchanged from yesterday, 16.67% lower than the cycle’s highest point of 144.74 (2022-06-21), and 24.71% higher than the lowest point of 96.71 on September 16, 2021. (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

The quotation of domestic mainstream potassium chloride manufacturers fell slightly this week: the ex 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 4400 yuan / ton, which is temporarily stable compared with the beginning of the week. Zibo Dehe’s potassium chloride dealer quoted 4850 yuan/ton this weekend, which is temporarily stable compared with that at the beginning of the week. Anhui Badou’s potassium chloride dealer quoted 4500 yuan/ton this weekend, a drop of 150 yuan/ton compared with last weekend. The self raised price of 62% white potassium at the port is about 4000-4200 yuan/ton. The self raised price of 60% Dahong granules at the port is about 4100-4300 yuan/ton. 62% of Russian white potassium in border trade is about 4000 yuan/ton.

From the perspective of the downstream market of potassium chloride, the factory price of potassium carbonate was adjusted at a low level this week, with the price of 9475.00 yuan/ton, up 16.74% year on year. This week, the factory price of potassium nitrate was adjusted at a low level, with a price of 6800.00 yuan / ton, an increase of 24.39% over the same period last year. On the whole, the downstream market of potassium chloride has consolidated at a low level, and the demand of downstream customers for potassium chloride has weakened.

3、 Future forecast

In the middle of September, the overall trend of potassium chloride market was dominated by narrow fluctuation and decline. The price of potassium chloride in Salt Lake and zangge has been consolidated at a high level, the downstream market of potassium chloride has declined slightly, the downstream demand has weakened, and the purchase is just needed. International potash fertilizer prices fell slightly. Potassium chloride analysts from the business community believe that the domestic potassium chloride import price may fall slightly in the short term.