SunSirs: On August 7th, the Price of Imported Potassium Chloride Decreased by 1.65%
August 08 2023 14:41:57 SunSirs (John)
Product name: Potassium chloride (imported)
Latest price (August 7th): 2,680 RMB/ton
Analysis review
On August 7th, the domestic market price of imported potassium chloride slightly decreased, a decrease of 45 RMB/ton or 1.65% compared to August 4th.
As of August 7th, the port's 62% self delivered price of white potassium chloride was around 2,400-2,500 RMB/ton; The self delivered price of 60% bright red granular potassium chloride at the port was around 2,600-2,700 RMB/ton. Border trade accounts for 62% of Russian white potassium chloride at around 2,200-2,300 RMB/ton. The arrival price of potassium chloride in domestic Salt lakes was around 2,300 RMB/ton. The downstream potassium carbonate and potassium nitrate markets had slightly declined, and downstream procurement enthusiasm had weakened.
Market outlook
In the future, domestic potassium chloride prices may fluctuate and fall slightly, with consolidation being the main trend. The average import market price of potassium chloride will be around 2,600 RMB/ton.
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