Domestic Potassium News | The market atmosphere is not good, the price may continue to fall

June 29, 2022

Potassium World

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Highlights at a glance

Fertilizer prices, particularly for potassium chloride and potassium sulfate, are experiencing a downward trend due to weak demand and increased supply. Despite stable quotations from major traders, smaller sellers are offering lower prices, driving market competition. The port price for 62% white potassium chloride ranges between 5,250–5,300 yuan/ton, while border trade prices have dropped to as low as 4,850 yuan/ton. Domestically, 60% white potassium arrives at around 5,050–5,100 yuan/ton with steady but sluggish demand. Potassium sulfate markets are similarly affected, with Mannheim-process 52% powder priced at 5,400–5,500 yuan/ton and新疆-type 52% powder at 5,350–5,400 yuan/ton, both seeing limited transactions and growing rumors of further price cuts. Increased land arrivals and bearish market sentiment have boosted supply, while the off-season lull and reduced operating rates at compound fertilizer plants have dampened purchasing interest. With sales pressure mounting on producers

Fertilizer prices are down, and the psychological effect of buying up and not buying down at high prices is highlighted. Recently, the new orders for potassium chloride have been deserted, and the quotations of large traders are relatively stable, while small traders have low-priced sellers. At present, the port price of 62% white potassium is mostly 5250-5300 yuan / ton, and the border trade price is as low as 4850 yuan / ton; the arrival price of domestic 60% white potassium is temporarily stable at 5050-5100 yuan / ton, but the demand is not as good as before .

Affected by the fall in the price of potassium chloride, new transactions in the potassium sulfate market are slow, and manufacturers' sales pressure has increased. At present, the ex-factory price of Mannheim 52% all-water-soluble powder is mostly 5400-5500 yuan/ton, with few transactions, and rumors of low prices are increasing; Xinjiang 52% powder arrives at a station price of 5350-5400 yuan/ton, and it is not too popular for the time being. ideal.

Due to the large amount of goods arriving by land, coupled with the bearish sentiment, the current supply of potassium chloride market has increased slightly. In the small off-season when summer and autumn alternate, the operating rate of downstream compound fertilizer plants is low, and the enthusiasm for purchasing is lacking. It is expected that the short-term market will be difficult to support, and the price of potash fertilizer may still have a certain downward trend.

Latest domestic potassium chloride price

Port 62% White Potash 5250-5300

60% red particles in the port are about 5150

Border trade 62% Russian white potassium around 4850

Qinghai 60% white potassium arrives at the station around 5050-5100

Latest domestic potassium sulfate price

Processed 52% water-soluble powder leaves the factory at around 5400-5500

Resource type 52% powder arrives at the station around 5350-5400

Compound fertilizer is at a high stalemate, and downstream receiving efforts have declined

Potassium Chloride: Many market voices, bearish mentality unchanged