Recent price trend of potassium chloride

As can be seen from the above figure, the ex factory price of mainstream domestic potassium chloride manufacturers fell this month, and the quotation fell from 3190 yuan / ton at the beginning of the month to 2890.00 yuan / ton at the end of the month, down 300 yuan / ton, or 9.40%. Compared with the same period last year, it increased by 33.80%. On December 27, the commodity index of potassium chloride was 91.75, the same as yesterday, down 11.62% from the highest point of 103.81 in the cycle (2021-10-12), and up 57.51% from the lowest point of 58.25 on August 6, 2020. (Note: cycle refers to the period from March 1, 2012 to now)

In December, the domestic potassium chloride market generally showed a downward trend. In terms of domestic potassium: the largest producer of potassium chloride in China, the leading enterprise of potassium fertilizer and Salt Lake Co., Ltd. operated at a low level, and the price of potassium chloride decreased from 3190 yuan / ton at the beginning of the month to 2890 yuan / ton at the end of the month. The price of Zangger holdings is relatively consistent with that of salt lake group. The bidding price of domestic 60% potassium market mostly ranges from 3600-3800 yuan / ton, but it is basically out of stock, waiting for the release of new goods in January. Port potassium: at the end of the month, the quotation of port potassium gradually maintained stability. The quotation of 62% white potassium at the port was about 4050 yuan / ton, and the mainstream quotation of 60% Dahong granular potassium at the port was about 4000 yuan / ton. The market transaction was limited, down about 50-100 yuan / ton compared with the beginning of the month. In terms of border trade potassium: at the end of the month, the price of 62% white potassium was 3700-3800 yuan / ton, down about 50-100 yuan / ton compared with the beginning of the month. The supply of goods is limited and the transaction is limited.

Downstream procurement enthusiasm increased, and the price of potassium chloride increased

From the downstream market of potassium chloride, the ex factory price of potassium carbonate fluctuated and rose this month. The quotation increased from 8100.00 yuan / ton on December 1 to 8166.67 yuan / ton on December 28, an increase of 66.67 yuan / ton, an increase of 0.82%, an increase of 26.13% over the same period last year. Recently, the supply of potassium carbonate is tight, manufacturers ship goods according to orders, traders are reluctant to sell, there are few circulating goods in the market, and the market continues to rise. The downstream potassium carbonate market rose, which had a positive impact on the price of potassium chloride due to the impact of supply and demand.

The ex factory price of potassium nitrate increased slightly this month. The quotation increased from 5800.00 yuan / ton on December 1 to 5866.67 yuan / ton on December 28, an increase of 66.67 yuan / ton, an increase of 1.15%, and a year-on-year increase of 41.75%. The potassium nitrate Market has a good digestion of supply, the market supply is tight, most traders are reluctant to sell and control the supply. There are few supply sources on the market, the downstream procurement is active, and the potassium nitrate market rises. The market price of downstream raw materials rose slightly, which had a positive impact on the price of potassium chloride due to the impact of supply and demand.

Guarantee supply and stable price of domestic potash fertilizer, mainly temporarily stable in the future

In winter, the start-up of Salt Lake and zangge plant continues to be low, the output of domestic potassium chloride is gradually declining, and the supply of goods is tight. The winter storage market has started one after another, and traders take a small amount of goods. From the perspective of industrial demand, the overall operating rate of the downstream market of potassium chloride is not high, and it is mainly just needed to purchase. While the international potash price is high, the domestic potash is still likely to rise. Potassium chloride analysts of business society believe that the domestic potassium chloride price may fluctuate slightly in the short term, focusing on the news related to large contracts.