1、 Price trend

It can be seen from the above figure that the domestic market price of imported potassium chloride decreased slightly this week, with the price falling from 5283.33 yuan / ton at the end of last week to 5166.67 yuan / ton at the end of this week, a decrease of 2.21%. This week, the factory price of domestic potassium chloride was temporarily stable. This week, the factory price of potassium chloride in domestic salt lakes is 4480 yuan / ton. On August 7, the potassium chloride (import) commodity index was 135.97, which was the same as yesterday, down 6.06% from the highest point 144.74 in the cycle (June 21, 2022), and up 40.60% from the lowest point 96.71 on September 16, 2021. (Note: period refers to September 1, 2021 to now)

2、 Market analysis

This week, the quotation of domestic mainstream manufacturers of potassium chloride dropped slightly: the factory price of potassium chloride in Qinghai Salt Lake at the weekend was about 4480 yuan / ton. Xiangyang youdeshi’s potassium chloride distribution quotation this weekend is 5200 yuan / ton, which is 100 yuan / ton lower than that at the beginning of the week. Zibo Dehe’s potassium chloride distribution quotation this weekend was 5100 yuan / ton, down 150 yuan / ton compared with the beginning of the week. Anhui Badou’s potassium chloride distribution quotation this weekend was 5200 yuan / ton, which decreased by 100 yuan / ton compared with last weekend. The price of 62% white potassium in the port is about 4900-5000 yuan / ton. The self raised price of 60% of the port red particles is about 4900-5000 yuan / ton. 62% of Russian White potassium in border trade is about 4500-4700 yuan / ton. The arrival price of 60% white potassium in Qinghai is about 4800-4900 yuan / ton.

From the perspective of the downstream market of potassium chloride, the factory price of potassium carbonate dropped slightly this week, from 9825.00 yuan / ton at the end of last week to 9775.00 yuan / ton at the end of this week, a decrease of 0.51%, up 18.48% year-on-year compared with the same period last year. This week, the factory price of potassium nitrate dropped slightly, from 7150.00 yuan / ton at the end of last week to 7050.00 yuan / ton at the end of this week, down 1.40%, up 22.08% year-on-year compared with the same period last year. On the whole, the downstream market of potassium chloride declined slightly, and the demand of downstream customers for potassium chloride weakened.

3、 Future forecast

The overall trend of potassium chloride Market in the middle and first ten days of August may be dominated by narrow fluctuation and decline. The price of potassium chloride in Salt Lake and zangge is high, but the market supply is still limited, and the supply is relatively tight. The downstream market of potassium chloride has declined slightly, and the downstream demand has weakened, mainly due to the purchase. The international price of potash fell slightly. The potassium chloride analysts of business club believe that the import price of domestic potassium chloride may drop slightly in the short term.