Potassium chloride market is sluggish, and potash fertilizer prices are expected to continue to decline

In the market, potassium chloride continues to be in a sluggish situation, and high inventory pressure has led to strong willingness to ship products.
In addition, due to the decline in the price of the international potash fertilizer market and the continued increase in the mentality of merchants to honor the Spring Festival, it is expected that the market price of potash will remain narrow in the near future Down.
China's Potassium Chloride Wholesale Price Index (CKPI) was 2055.
56 points, a month-on-month drop of 14.
37 points, or a decrease of 0.
69%; a year-on-year decrease of 50.
46 points, or a decrease of 2.
40%; a decrease of 1235.
03 points or a decrease of 37.
53% from the base period.
Supply situation: In terms of domestic potash fertilizer, the Salt Lake Group has not yet announced the latest sales price.
The arrival price of 60% crystalline potassium chloride continues to the previous 2300 yuan/ton.
The actual mainstream export price of local traders is 2150 yuan/ton.
The operating rate of domestic potassium chloride enterprises is about 50%, and most of the installations of small and medium-sized enterprises have been shut down, and the pre-stocks are mainly issued.
In terms of ports, the phenomenon of “following the decline” increased, and the decline was mostly 20-30 yuan/ton.
The mainstream price of 62% Russian white potassium was 2200-2250 yuan/ton.
Potash fertilizer at border trade ports was generally out of stock, but the Fed’s inventory pressure was relatively high.
The white port price is 1960-1980 yuan/ton, down 30-50 yuan/ton compared to last week's price.
Demand situation: The winter storage market is slowly advancing, and the overall operating rate of compound fertilizer is at a relatively low level.
However, as the winter storage time shortens, some small compound fertilizer plants have begun to resume work, and raw material purchases are mainly used and harvested.
International market: The price of potassium chloride in major international regions has fallen.
As of January 7, the FOB prices of bulk spot potassium chloride in Vancouver, Northwest Europe, and Israel were 240-282 US dollars/ton, 243-284 US dollars/ton, and 243-282 US dollars/ton, which were low compared with the previous week.
The end prices fell by US$10/ton, US$7/ton, and US$11/ton respectively.
The CIF price in Southeast Asia was US$275-300/ton, which was stable; the CIF price in Brazil was US$260-265/ton, and both the high and low ends fell by US$5/ton.
Last week, the Israel Chemical Industry Group (ICL) signed a 3.
4 million tons of potash fertilizer supply agreement with China.
In 2016, 2017 and 2018, 1.
1 million tons, 1.
14 million tons and 1.
16 million tons of potash fertilizer will be delivered respectively.
The price will be the same as that of China at that time.
The market price is consistent.
Situation in various regions: According to the monitoring data of the association, the wholesale prices of domestic potash fertilizers in each province fell by 80 yuan/ton and 10 yuan/ton in Zhejiang and Henan respectively, while the remaining provinces remained stable; in terms of the wholesale prices of imported potash fertilizers in each province, Anhui and Hubei dropped by 30 yuan respectively.
Yuan/ton, 20 Yuan/ton, other provinces remain stable.