1、 Price trend
| PVA |
It can be seen from the above figure that the domestic market of imported potassium chloride is temporarily stable this week, with the price of 3883.33 yuan/ton. The arrival price of potassium chloride in domestic salt lakes this week is 3500-3600 yuan/ton. On December 11, the potassium chloride (import) commodity index was 102.19, unchanged from yesterday, 29.40% lower than the cycle’s highest point of 144.74 (2022-06-21), and 5.67% higher than the lowest point of 96.71 on September 16, 2021. (Note: Period refers to 2021-09-01 to now)
2、 Market analysis
The quotation of domestic mainstream potassium chloride manufacturers is temporarily stable this week: the arrival price of 60% potassium chloride in Qinghai Salt Lake is 3500-3600 yuan/ton. Xiangyang Youdeshi’s potassium chloride dealer quoted 3800 yuan/ton this weekend, which was temporarily stable compared with last weekend. Zibo Dehe’s potassium chloride dealer quoted 4000 yuan/ton this weekend, which was temporarily stable compared with last weekend. Anhui Badou’s potassium chloride dealer quoted 3850 yuan/ton this weekend, which was temporarily stable compared with last weekend. The self raised price of 62% white potassium at the port is about 3700-3800 yuan/ton. The self raised price of 60% Dahong granules at the port is about 3800-4000 yuan/ton. 62% of Russian white potassium in border trade is about 3600 yuan/ton.
| PVA 1788 (PVA BP17) |
From the perspective of the downstream market of potassium chloride, the factory price of potassium carbonate was adjusted at a low level this week, at 9225.00 yuan/ton, a year-on-year increase of 13.42%. This week, the factory price of potassium nitrate was adjusted at a low level, at 5875.00 yuan/ton, down 0.42% year on year. On the whole, the downstream market of potassium chloride was consolidated at a low level, and the downstream customers’ demand for potassium chloride was average.
3、 Future market forecast
In the middle and late December, the overall trend of potassium chloride market was dominated by narrow fluctuations. The price of potassium chloride in Salt Lake and Zangger was adjusted at a low level. The downstream market of potassium chloride was consolidated at a low level. The downstream demand was general, and the procurement was mainly just needed. International potash fertilizer prices rose slightly. Potassium chloride analysts from the business community believe that the domestic potassium chloride import price may rise slightly in the short term.
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