Potash prices have steadily dropped

Due to poor demand, the recent domestic market trend of potassium chloride is relatively weak, and the price has dropped slightly around 30 yuan (t price, the same below). At present, the import price of potassium chloride in the port area is: 60% of Russia's red powder is 2,900 yuan, 60% of white powder is 3,000 yuan, and 62% of white powder is 3050 to 3100 yuan. Heilongjiang border trade car plate delivery price: 60% Russia red powder 2800 yuan, 60% white powder 2850 yuan, 62% white crystal 2900 yuan. Domestic Qinghai potash fertilizer arrival price: about 6900 yuan for crystals, about 2600 yuan for 57% powder. 60% Canadian red powdered potash fertilizer market wholesale price 3050 ~ 3100 yuan.

**The price of potassium is also slightly lower than that of steady state. At present, the factory price of powdery **potassium containing 50% of the content is mostly 3,500 to 3,600 yuan, and the factory price of 50% of granular **potassium is mostly 3,600 to 3,700 yuan, and the actual transaction price is 50%. Most of them are between 3300 and 3400 yuan. Compared with the previous high prices, some manufacturers have a drop of 50 to 100 yuan. The company took the goods less smoothly than the previous period, and some manufacturers had more than 10,000 tons of inventory.

However, the international potash fertilizer market trend is obviously better than the domestic market. At present, the international potash fertilizer prices show a significant upward trend. The FOB price of potassium chloride in Vancouver, the Baltic Sea, Jordan, and Israel is generally above US$400 and the high price has reached US$470, which is generally higher than the previous low price point. From US$40 to US$50, it is reported that producers have quoted more than US$500 in quoted prices for CIF importers such as Brazil in the second quarter. In Europe, **Korean FOB prices were also maintained at a high of 375-390 euros.

Since China needs to import about 5 million tons of potash fertilizer every year, the dependence on the international potash fertilizer market is relatively high, and prices are greatly affected by the international market. It is expected that such domestic and international prices will not depart from each other for a long time. In the later period, domestic potash fertilizer prices will gradually follow the trend of the international market, with a slow upward trend.

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