Product name: Potassium chloride (imported)

Latest price (January 22nd): 2,825 RMB/ton

Analysis review

On January 22, the domestic market price of imported potassium chloride dropped significantly, with a decrease of 100 RMB/ton compared to January 19, a decrease of 3.42%, and a year-on-year decrease of 27.33%. As of January 22nd, the self-delivery price of 62% white potassium at the port was around 2,500-2,550 RMB/ton; The self-delivery price of 60% bright red particles at the port was around 2,700-2,750 RMB/ton. Border trade accounted for 62% of Russian white potassium at around 2,450-2,500 RMB/ton. The terminal price of potassium chloride in domestic Saltlake was around 2,700-2,900 RMB/ton. There were approximately 3.3 million tons of potassium chloride stored in the port. The downstream market for potassium carbonate and potassium nitrate had slightly declined, and downstream purchasing enthusiasm had weakened. International potassium fertilizer prices continued to decline, with a combination of bearish factors.

Market outlook

In the future, domestic potassium chloride prices may experience a slight fluctuation and decline, with consolidation being the main trend. The average import market price of potassium chloride is around 2,700 RMB/ton.

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