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SunSirs: Domestic Potassium Chloride Prices may Slightly Decrease

April 26 2023 10:10:23     

The latest price of potassium chloride (imported) (4-24): 3400 RMB/ton, bearish in the future

Key points for analysis: The price of imported potassium chloride in the domestic market rose slightly on April 24, up 50 RMB/ton or 1.49% from April 21. At present, the port's 62% self raised price of white potassium is around 3100-3200 RMB/ton; The self raised price of 60% Dahong granules at the port is around 3100-3300 RMB/ton. Border trade accounts for 62% of Russian white potassium at around 2800-2900 RMB/ton. The arrival price of potassium chloride in domestic salt lakes is around 3100-3200 RMB/ton. The international potassium fertilizer market has slightly declined. The downstream market for potassium carbonate and potassium nitrate has recently experienced a slight decline, and the enthusiasm for downstream procurement has weakened.

Future forecast: In the future, domestic potassium chloride prices may experience a slight fluctuation and decline, with consolidation being the main trend. The import market value of potassium chloride is about 3200 RMB/ton.

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