SunSirs: On February 19th, the Price of Imported Potassium Chloride Fell by 1.80%
February 20 2024 14:56:34 SunSirs (John)
Product name: Potassium chloride (imported)
Latest price (February 19th): 2,725 RMB/ton
Analysis review
On February 19th, the domestic market price of imported potassium chloride slightly decreased, with a decrease of 50 RMB/ton compared to February 18th, a decrease of 1.80%, and a year-on-year decrease of 30.13%. As of the 19th, the self delivery price of port's 62% potassium chloride was around 2,500 RMB/ton; The self delivery price of 60% Dahong granular potassium chloride at the port was around 2,700 RMB/ton. 62% of Russian white potassium chloride in border trade was around 2,400 RMB/ton. The terminal price of potassium chloride in domestic Saltlake was around 2,860 RMB/ton. The potassium chloride port had a storage of about 4 million tons. 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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- 2024-03-14 SunSirs: The Price of Imported Potassium Chloride Fell by 2.80% This Week (March 4-10)
- 2023-11-22 SunSirs: The Market of Imported Potassium Chloride Temporarily Stabilized This Week (November 13-19)
- 2023-11-15 SunSirs: The Price of Imported Potassium Chloride Increased by 1.24% This Week (November 6-12)
- 2023-09-28 SunSirs: On September 27th, the Price of Imported Potassium Chloride Increased by 1.68%
