1、 Price trend

As can be seen from the above figure, the domestic market price of imported potassium chloride increased slightly this week, and the quotation increased from 4516.67 yuan / ton last weekend to 4833.33 yuan / ton this weekend, an increase of 7.01%. The ex factory price of domestic potassium chloride was temporarily stable this week. This week, the factory quotation of domestic salt lake potassium chloride was 3490.00 yuan / ton, up 61.95% year-on-year compared with the same period last year. The market price is about 4100-4400 yuan / ton. On March 3, the commodity index of potassium chloride (import) was 123.25, unchanged from yesterday, hitting a record high in the cycle, up 27.44% 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

The quotation of mainstream domestic potassium chloride manufacturers increased slightly this week: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend was 3490 yuan / ton, which was temporarily stable compared with that at the beginning of the week. Youdeshi offered 4800 yuan / ton for potassium chloride distribution this weekend, up 300 yuan / ton compared with last weekend. Zibo Dehe offered 5000 yuan / ton of potassium chloride this weekend, an increase of 350 yuan / ton compared with last weekend. Anhui Badou offered 4700 yuan / ton of potassium chloride this weekend, up 300 yuan / ton compared with last weekend. The price of 62% white potassium in the port is about 4600 yuan / ton. The price of 60% Dahong granules in the port has been increased by 4800-4900 yuan / ton. Border trade 62% Russian White potassium is about 4500 yuan / ton.

From the downstream market of potassium chloride, the ex factory price of potassium carbonate rose slightly this week. The quotation increased from 8433.33 yuan / ton at the beginning of the week to 8500.00 yuan / ton at the end of the week, an increase of 0.79%, an increase of 28.30% year-on-year compared with the same period last year. The ex factory price of potassium nitrate increased slightly this week. The quotation increased from 6300.00 yuan / ton at the beginning of the week to 6366.67 yuan / ton at the end of the week, an increase of 1.06%, up 52.50% year-on-year compared with the same period last year. Overall, the downstream market of potassium chloride rose slightly, and the downstream demand for potassium chloride was good.

3、 Future forecast

The overall trend of potassium chloride Market in the middle and late March may rise slightly. The price of potassium chloride in Salt Lake and zangge is temporarily stable, but the market supply is still limited and the supply is tight. With the advent of spring ploughing, agricultural demand has increased, and traders are actively taking goods. In terms of industry, the downstream market of potassium chloride increased slightly, the downstream demand is good, and the just need to purchase is the main. 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.