Potassium chloride declined slowly in May, with an overall fluctuation of about 50 yuan/ton. Market demand is not strong in the off-season. Potassium chloride has a large stock and pressure. Sales near the cost line are still unsatisfactory. Negotiations on large contracts are still unknown. Overall, the market lacks a strong advantage, so after several speculations in May, the price declines have not been successfully reversed. For the time being, it seems that in the first half of June, the market will hardly change much, and the long-term trend will probably become clearer in the second half of the month.

The price of potassium chloride fell about 50 yuan in the first ten days, mainly reflected in the imported potassium, and the prices of various places and varieties were confused. The price of 62% white potassium in ports was about 2350-2380 yuan, 60% big red granules was about 2350-2400 yuan, 60% red powder was about 2200 yuan. Although the border trade supply was not much, the products needed to be sent far to the northeast, and 62% white potassium was about 2080 yuan. The price of domestic potassium has remained stable for the time being, but with the decline of imported potassium deepening, there are still some cases of dealers with few surplus goods to reduce prices and promote sales. Overall, the price of domestic potassium chloride has gradually returned to the level before the rebound around the end of March. In the future, although the market of potassium chloride has not improved, but the price has been lower, so the rate of decline continues to slow down. After the pressure of border trade sales eased in the later period, the quotation rebounded again, but the overall price range is obviously worse than in previous months. At the end of the month, the mainstream quotations of 62% white potassium and 60% big red grains in the port were about 2350 yuan, 60% red powder was about 2150-2200 yuan, and the low-end price was mainly for industrial bulk or tons of bags; 62% white potassium in border trade was back to 2100 yuan, with a slightly lower turnover; the price of potassium in small factories in Qinghai continued to be firm, the new price of Salt Lake in June maintained stable, and the outage price increased slightly. It is understood that the recent existence of potassium chloride port hovering around 2.8 million tons, has been at a high level, a year-on-year increase; the international market is slightly weaker, Brazil, Southeast Asia and other places are about $5 drop in prices. Generally speaking, the main contradiction in the recent market is that the demand is not strong, the stock in Hong Kong is large and the goods are still available. The price of potassium chloride will continue to struggle for a period of time at a low level. It is expected that the trend in the second half of the year will fluctuate repeatedly around factors such as domestic potassium production, large contract negotiation and the quantity of imported potassium arrival. It is unlikely that it will go straight up or down.