1、 Price trend

As can be seen from the above figure, the domestic market of imported potassium chloride this week was temporarily stable, with the price of 5283.33 yuan / ton. The ex factory price of domestic potassium chloride was temporarily stable this week. The ex factory price of potassium chloride in domestic salt lakes this week is 4480 yuan / ton. On July 24, the potassium chloride (import) commodity index was 139.03, unchanged from yesterday, down 3.95% from the highest point of 144.74 in the cycle (2022-06-21), and up 43.76% from the lowest point of 96.71 on September 16, 2021. (Note: the period refers to 2021-09-01 to now)

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers this week was slightly stable temporarily: the ex factory price of Qinghai Salt Lake potassium chloride over the weekend was about 4480 yuan / ton. Xiangyang youdeshi’s potassium chloride distribution quotation this weekend is 5300 yuan / ton, which is temporarily stable compared with the beginning of the week. Zibo Dehe’s potassium chloride distribution quotation this weekend is 5250 yuan / ton, which is temporarily stable compared with the beginning of the week. Anhui Badou offered 5300 yuan / ton of potassium chloride this weekend, which was temporarily stable compared with last weekend. The self raised price of 62% white potassium in the port is about 5000-5200 yuan / ton. The self raised price of 60% Dahong granules in the port is about 5000-5100 yuan / ton. 62% Russian White potassium in border trade is about 4700-4800 yuan / ton. The arrival price of 60% white potassium in Qinghai is about 4900-5000 yuan / ton.

Judging from the downstream market of potassium chloride, the ex factory price of potassium carbonate fell slightly this week, from 10125.00 yuan / / ton at the end of last week to 10100.00 yuan / ton at the end of this week, a decrease of 0.25%, an increase of 28.83% over the same period last year. The ex factory price of potassium nitrate fell slightly this week, from 7300.00 yuan / ton at the end of last week to 7275.00 yuan / ton at the end of this week, a decrease of 0.34%, an increase of 28.08% year-on-year over the same period last year. On the whole, the downstream market of potassium chloride has a downward trend, and the downstream customers’ demand for potassium chloride has weakened.

3、 Aftermarket forecast

In late July, the overall trend of potassium chloride market may fluctuate and fall in a narrow range. The price of potassium chloride in Salt Lake and zangge has been adjusted at a high level, but the market supply is still limited, and the supply is relatively tight. The downstream market of potassium chloride fell slightly, the downstream demand weakened, and just need to purchase. International potash prices fell slightly. Potassium chloride analysts of business agency believe that the import price of domestic potassium chloride may fluctuate slightly in the short term.