1、 Price trend
| gamma polyglutamic acid fertiliser(fertilizer) grade |
According to the commodity analysis system of the business community, the domestic market of imported Potassium chloride was temporarily stable this week, with the price of 2750.00 yuan/ton. On July 24, the Potassium chloride (import) commodity index was 86.51, down 0.79 points from yesterday, down 50.45% from the cycle’s highest point of 174.60 (2022-06-21), and up 48.52% from 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 is temporarily stable this week. The arrival price of 60% white potassium in Qinghai is around 2400 yuan/ton, and the self raised price of 62% white potassium in ports is around 2300-2400 yuan/ton. The self raised price of 60% Dahong granules at the port is around 2600-2700 yuan/ton. Border trade accounts for 62% of Russian white potassium at around 2200-2300 yuan/ton.
| Gamma Polyglutamic Acid |
From the downstream market of Potassium chloride, the price of potassium carbonate continued to fall this week, from 7380.00 yuan/ton at the beginning of the week to 7340.00 yuan/ton at the end of the week, a drop of 0.54%, and the price at the weekend fell 27.33% year on year. The price of Potassium nitrate market fell slightly this week, from 5550.00 yuan/ton at the beginning of the week to 5555.00 yuan/ton at the end of the week, a decrease of 0.45%. The price at the end of the week fell 24.05% year on year. On the whole, the downstream market of Potassium chloride declined slightly, and downstream customers’ demand for Potassium chloride weakened.
3、 Future Market Forecast
The overall trend of Potassium chloride market in 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 declined slightly, and the downstream demand was weakened, with rigid demand as the main demand. Potassium chloride analysts from the business agency believe that the domestic Potassium chloride import price may fall slightly in the short term.
| http://www.gammapolyglutamicacid.com |