Last week (May 6, 2019 May 10, 2019), the port potassium stock was higher and the price of potassium chloride operated weakly.
May 13 China Potassium chloride Wholesale price index (CKPI) was 2212.07 points, down 5.37 points, or 0.24%, an increase of 132.44 points, or 6.37%, and a decrease of 1078.53 points over the base period. Supply situation: Domestic potassium, Qinghai Salt Lake Plant normal operation, Nissan 14000 tons or so, Salt Lake Benchmark products 60% Crystal powder to the station price to maintain 2350 yuan/ton, rebate policy to restore 50 yuan/ton, regional transaction price stabilization, maintain 2200-2250 yuan/ton or so. Imports of potassium, new sources continue to arrive, port inventory rose to about 2.18 million tons, by the port potassium high inventory impact, 62% Russian white potassium offer slightly lower, in 2350-2380 yuan/ton or so.
In terms of potassium trade, the northeast market demand decreased, the trading decreased, 62% Russian white potassium quotes fell to about 2100 yuan/ton. Demand situation: Northeast Spring ploughing demand is also basically over, the demand for potash fertilizer is light.
Affected by the demand of maize summer fertilizer in east China and North China, the construction rate of compound fertilizer enterprises remained high, and the overall starting rate was about 63.2%, because the demand was mainly high nitrogen compound fertilizer, and the support of potash fertilizer was insufficient. International market: International potash demand suspended, last week international potassium chloride prices remained stable. In Europe and Southeast Asia, demand is low and prices are stable; prices have remained stable in Brazil and Southeast Asia; and demand in the United States has declined, with prices slightly lower than last week. On the price side, the lower end of the fob price of potassium chloride in the Russian Federation decreased by 1 US dollars/ton, the high-end price of potassium chloride in Jordan increased by 2 U.S. dollars/ton, and the fob prices of potassium chloride in Canada, Israel, Southeast Asia and Brazil remained stable, at 253-298 USD/ton, 263-312 USD/ton, 290-310 USD/ton
Table: International potassium chloride price change table
Degree of change
Spot price (USD/T)
CFR Southeast Asia
Data source: According to the relevant material collation Domestic market: The recent domestic potassium chloride market price is basically stable. Association monitoring data show that the price of domestic potassium chloride provinces, Hubei, Fujian province prices rose 54 yuan/ton, 50 yuan/ton respectively compared to the previous week, other provinces prices remained stable; import potassium chloride in the provinces wholesale prices, Fujian province price compared to the previous week rose 33.3 Yuan/ton,
Hainan Province prices fell 25.7 yuan/ton compared to the previous week, and prices remained stable in other provinces.
Table: Domestic potassium chloride price change table
Domestic potassium chloride
Imported Potassium chloride
Source: China Agricultural Capital Circulation Association At present, the port potassium inventory pressure is large, the market potassium fertilizer supply is more abundant, and the northeast Spring ploughing fertilizer basically ended, the demand slightly reduced, the domestic potassium chloride price fell slightly. After the market, compound fertilizer enterprises into the production cycle of high nitrogen fertilizer for maize, the production of high potassium compound fertilizer still has a certain period of time, the demand for potash fertilizer is limited; in international markets, international potash demand has slowed and prices have stabilized in the short term. In summary, it is expected that the domestic potassium chloride price in the short term will be weak and stable, focusing on the procurement of raw materials in compound fertilizer enterprises.