1、 Price trend

It can be seen from the above figure that the domestic market of imported potassium chloride this week is temporarily stable, with the price of 3850.00 yuan/ton. 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 January 15 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 quotation of domestic potassium chloride mainstream manufacturers is temporarily stable: the arrival price of 60% potassium chloride in Qinghai Salt Lake is 3500-3600 yuan/ton. Xiangyang Youdeshi offered 3800 yuan/ton of potassium chloride at the end of this week, which was temporarily stable compared with last weekend. Zibo Dehe offered 4000 yuan/ton for potassium chloride distribution at the end of this week, which was temporarily stable compared with that at the end of last week. At the end of this week, Anhui Badou offered 3750 yuan/ton of potassium chloride, which was temporarily stable compared with last weekend. The port’s 62% white potassium self-raised price is about 3700-3800 yuan/ton. The self-raised price of 60% Dahong granules at the port is about 3800-4000 yuan/ton. 62% of Russian white potassium in border trade is about 3500 yuan/ton.

From the downstream market of potassium chloride, the ex-factory price of potassium carbonate was low this week, with the price of 9100.00 yuan/ton, up 11.43% year-on-year. The ex-factory price of potassium nitrate dropped slightly this week, from 5925.00 yuan/ton at the end of last week to 5912.50 yuan/ton at the end of this week, down 0.21%, up 0.78% year-on-year. 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 middle and late January, the overall trend of potassium chloride market may fall in a narrow range, mainly in consolidation. 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.