1、 Price trend

According to the commodity analysis system of the business community, the domestic market of imported Potassium chloride fell slightly this week, with the price falling from 2775.00 yuan/ton at the beginning of the week to 2750.00 yuan/ton at the end of the week, a decrease of 0.90%. On July 10, the Potassium chloride (import) commodity index was 87.30, unchanged from yesterday, 50.00% lower than the cycle’s highest point of 174.60 (2022-06-21), and 49.87% higher than the lowest point of 58.25 on August 6, 2020. (Note: The cycle refers to the period from March 1st, 2012 to present)

2、 Market analysis

The quotation of domestic mainstream Potassium chloride dealers fell slightly this week.

From the downstream market of Potassium chloride, the price of potassium carbonate market fell slightly this week, from 7700.00 yuan/ton at the beginning of the week to 7580.00 yuan/ton at the end of the week, down 1.56%, and the price at the weekend fell 25.14% year on year. The price of Potassium nitrate market rose slightly this week, from 5425.00 yuan/ton at the beginning of the week to 5525.00 yuan/ton at the weekend, up 1.84%, and the price at the weekend fell 26.70% year on year. On the whole, the downstream market of Potassium chloride fluctuated with each other, and the downstream customers’ demand for Potassium chloride was average.

3、 Future Market Forecast

The overall trend of Potassium chloride market in the middle and late July may fall in a narrow range, mainly finishing. Salt Lake and Zangger Potassium chloride prices were adjusted at a low level. The downstream market of Potassium chloride fluctuates with each other. The downstream demand is general, and the purchase of rigid demand is the main demand. International potassium fertilizer prices continue to decline. Potassium chloride analysts from the business agency believe that the domestic Potassium chloride import price may fall slightly in the short term.