1、 Price trend

As can be seen from the above figure, the domestic market of imported potassium chloride fell slightly this week, and the price fell from 5366.67 yuan / ton last weekend to 5300.00 yuan / ton this weekend, down 1.24%. The ex factory price of domestic potassium chloride rose this week. This week, the ex factory price of potassium chloride in domestic salt lakes increased from 3500 yuan / ton last weekend to 3980.00 yuan / ton this weekend, an increase of 13.71%. On May 20, the commodity index of potassium chloride (import) was 139.47, down 1.76 points from yesterday, down 1.25% from the highest point of 141.23 points in the cycle (2022-05-19), and up 44.21% from the lowest point of 96.71 points on September 16, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers fell slightly this week: the ex factory price of Qinghai Salt Lake potassium chloride at the weekend was about 3980 yuan / ton, an increase of 480 yuan / ton compared with the beginning of the week. Xiangyang youdeshi’s potassium chloride distribution quotation this weekend is 5300 yuan / ton, which is temporarily stable compared with that at the beginning of the week. Zibo Dehe offered 5300 yuan / ton of potassium chloride this weekend, down 200 yuan / ton compared with the beginning of the week. Anhui Badou’s potassium chloride distribution quotation this weekend is 5300 yuan / ton, which is temporarily stable compared with last weekend. The price of 62% white potassium in the port is about 5300-5400 yuan / ton. The price of Dahong granules is about 60-5200 yuan / ton. 62% Russian White potassium in border trade is about 4900-5000 yuan / ton.

From the downstream market of potassium chloride, the ex factory price of potassium carbonate increased slightly this week, from 9500.00 yuan / ton last weekend to 9550.00 yuan / ton this weekend, an increase of 0.53%, an increase of 42.11% over the same period last year. The ex factory price of potassium nitrate rose slightly this week, from 7350.00 yuan / ton last weekend to 7383.33 yuan / ton this weekend, an increase of 0.45%, up 64.07% year-on-year compared with the same period last year. On the whole, the downstream market of potassium chloride rose slightly, and the downstream customers have better demand for potassium chloride.

3、 Future forecast

In late May, the overall trend of potassium chloride market may fluctuate and rise in a narrow range. The price of potassium chloride in Salt Lake and zangge has been adjusted at a high level, but the market supply is still limited and the supply is relatively tight. The downstream market of potassium chloride rose slightly, the downstream demand is good, and the just need to purchase is mainly. The international price of potash fertilizer is adjusted at a high level, and the domestic potash fertilizer is still likely to rise. Potassium chloride analysts of business society believe that the import price of domestic potassium chloride may rise slightly in the short term.