1、 Price trend

It can be seen from the above figure that the domestic market of imported potassium chloride fell slightly this week, with the price falling from 3866.67 yuan/ton at the end of last week to 3850.00 yuan/ton at the end of this week, down 0.43%. The arrival price of domestic salt lake potassium chloride this week is 3500-3600 yuan/ton. About 2.5 million tons are stored in the port. The commodity index of potassium chloride (import) on March 5 was 101.32, which was the same as yesterday, down 30.00% from the highest point of 144.74 (2022-06-21) in the cycle, and up 4.77% from the lowest point of 96.71 on September 16, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

This week, the quotations of mainstream domestic potassium chloride manufacturers fell slightly.

From the downstream market of potassium chloride, the ex-factory price of potassium carbonate was at a low level this week, with a price of 9120.00 yuan/ton, up 7.29% year-on-year. The ex-factory price of potassium nitrate dropped slightly this week, from 5960.00 yuan/ton at the end of last week to 5940.00 yuan/ton at the end of this week, a decrease of 0.34%, a year-on-year decrease of 6.70%. On the whole, the downstream market of potassium chloride declined slightly, and the demand of downstream customers for potassium chloride weakened.

3、 Aftermarket forecast

In the first half of March, the overall trend of potassium chloride market may fall in a narrow range. The prices of potassium chloride in salt lakes and Zangger were low. The downstream market of potassium chloride is low, and the downstream demand is weakened, and the purchase is mainly in demand. International potash fertilizer prices continued to fall. Analysts of KCl from the Business Agency believe that the import price of domestic KCl may fall slightly in the short term.