Potash fertilizer waiting for big contract results

Into July, due to the import of potash fertilizer is still no definite news, the domestic price of potassium chloride is temporarily uncertain.

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According to the national customs statistics, from January to May this year, the cumulative imports of potassium chloride 3.813 million tons, an increase of 26.3%. May imports of potassium chloride 254,000 tons, down 31.6%, hit this year since the new low import volume. May imports, Belarus to 76,000 tons in the first place, Canada and Russia out of 23, imports were 71,000 tons and 55,000 tons. In addition, China Laos project 18,000 tons of potassium chloride to nurture the domestic market. Insiders pointed out that the pace of imports in May slowed down the main reason is a large number of imports a few months ago.

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At present, the price of domestic potash fertilizer temporarily stable, but many areas have price increases, Salt Lake Group 60% of potassium chloride to offer 2,000 yuan (t price, the same below) around. Port imports of potassium chloride prices did not change significantly, but the inflation is expected to be more obvious, the industry analysis, mainly due to the extension of the contract, the port continued to reduce the supply. At present the port of large particles 1900 ~ 1930 yuan, 60% Russian red potassium 1900 yuan, 62% Russian white potassium 2000 yuan. Yingkou Hong Kong large particles 1890 yuan. Border trade area 62% Russian white potassium offer 1,800 yuan.

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Potassium sulfate prices rumors more and more. Central China market manufacturers offer up 50 yuan, Hebei manufacturers to follow up 50 to 100 yuan. Prices will be strong, as well as the operation of the country to vote potassium dealers. Reporters learned that sales in some areas dealers better, no inventory, or even tight cargo. It is reported that Shandong potassium sulfate operating rate stabilized at about 95%, 50% powdered potassium sulfate mainstream factory price 2450 ~ 2500 yuan, granules of potassium sulfate and 52% of the whole water soluble powder 2600 ~ 2650 yuan, sales in good condition. However, Mannheim potassium sulfate by-product hydrochloric acid sales are not ideal, most manufacturers to be down 100 yuan; Weifang area enterprises have stopped sticking, and even sold about 30 yuan. Overall, potassium sulfate operating rate is low, high cost, with the expected quotation of potassium chloride up, potassium sulfate prices may rise with.

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On the international side, there is no new progress in the big contract negotiations in India. Last year, the big contract expires on June 30, and some of the contracted potassium chloride will arrive in July and August. It is rumored that if the price increases, the demand for Indian farmers may decline. Brazilian market for large particles of potassium chloride is still a large demand, but because of the larger inventory, some dealers even lower than the cost of inventory sales, in order to set aside inventory space to maintain market price stability.

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