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 5133.33 yuan / ton at the end of last week to 4950.00 yuan / ton at the end of this week, a decrease of 3.57%. 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 21, the potassium chloride (import) commodity index was 128.95, down 1.31 points from yesterday, down 10.91% from 144.74 points (June 21, 2022), the highest point in the cycle, and up 33.34% from 96.71 points 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 4900 yuan / ton, which is 300 yuan / ton lower than that at the beginning of the week. Zibo Dehe’s potassium chloride distribution quotation this weekend is 5000 yuan / ton, which is temporarily stable compared with that at the beginning of this week. Anhui Badou’s potassium chloride distribution quotation this weekend was 4950 yuan / ton, which decreased by 250 yuan / ton compared with last weekend. The price of 62% white potassium in the port is about 4400-4800 yuan / ton. The self raised price of 60% of the port red particles is about 4800-4900 yuan / ton. 62% of Russian White potassium in border trade is about 4500-4600 yuan / ton. The arrival price of 60% white potassium in Qinghai is about 4700-4800 yuan / ton.

From the perspective of the downstream market of potassium chloride, the factory price of potassium carbonate dropped slightly this week, from 9775.00 yuan / ton at the end of last week to 9550.00 yuan / ton at the end of this week, down 2.30%, up 15.58% year-on-year compared with the same period last year. This week, the factory price of potassium nitrate dropped slightly, from 7050.00 yuan / ton at the end of last week to 6850.00 yuan / ton at the end of this week, down 2.84%, up 18.61% 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

In late August, the overall trend of potassium chloride market was dominated by a narrow fluctuation. The price of potassium chloride in Salt Lake and zangge was adjusted at a high level. The downstream market of potassium chloride declined slightly, and the downstream demand was weakened. It was mainly based on purchasing. 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.