Briefing on the Price of Potassium Chloride on June 3, 2019

The domestic market for potassium chloride has not improved, but lower prices have not been heard for the time being. Import potassium means that the price reduction is not significant and should be maintained stable in the later period. Domestic potassium still maintained a new price of 2350 yuan per ton in June because of low output pressure.

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Frontier trade, the remaining goods in April have basically been sold out. Goods in May will arrive one after another. At present, 62% of white potassium is quoted at about 2050-2080 yuan/ton. The market demand in Northeast China is limited. The main outbound trade refers to about 2030-2050 yuan/ton. Some importers have to wait until June for their supplies to arrive slowly, and they are not in a hurry to book prices for receipt.

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The starting rate of potassium chloride in Jilin area is not good. At present, the total daily output is only about 18,000 tons, which is significantly lower than the same period in previous years. The price is temporarily stable, especially in small factories where 57% of the powder supply is still on the tight side, and the arrival quotation of 2000-2050 yuan/ton with small water content is stable.

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