1、 Price trend

As can be seen from the above figure, the domestic market price of imported potassium chloride rose slightly this month, from 5166.67 yuan / ton at the beginning of the month to 5366.67 yuan / ton at the end of the month, an increase of 3.87%. The factory price of domestic potassium chloride rose slightly. In this month, the ex factory price of potassium chloride in domestic salt lakes rose from about 3500.00 yuan / ton at the beginning of the month to 3980.00 yuan / ton at the end of the month, an increase of 13.71%. On May 30, the potassium chloride (import) commodity index was 141.23, unchanged from yesterday, hitting a record high in the cycle, up 46.03% 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 month: the ex factory quotation of Qinghai Salt Lake potassium chloride at the end of the month was about 3980 yuan / ton, an increase of 480 yuan / ton compared with the beginning of the month, mainly contract. Youde Shi offered 5300 yuan / ton of potassium chloride at the end of this month, an increase of 200 yuan / ton compared with the beginning of this month. Zibo Dehe offered 5500 yuan / ton of potassium chloride at the end of this month, up 100 yuan / ton compared with the beginning of this month. Anhui Badou offered 5300 yuan / ton of potassium chloride at the end of this month, an increase of 300 yuan / ton compared with the beginning of this month. The self raised price of 62% white potassium at the port is about 5300 yuan / ton, that of 60% Dahong granules at the port is about 5200 yuan / ton, that of 62% Russian White potassium at the border trade is about 4900-5000 yuan / ton, and that of 60% white potassium in Qinghai is about 4380-5000 yuan / ton.

From the downstream market of potassium chloride, the ex factory price of potassium carbonate rose slightly this month, from 9083.33 yuan / ton at the beginning of the month to 9725.00 yuan / ton at the end of the month, an increase of 7.06%, up 44.72% year-on-year compared with the same period last year. The ex factory price of potassium nitrate rose slightly this month, from 7083.33 yuan / ton at the beginning of the month to 7550.00 yuan / ton at the end of the month, an increase of 6.59%, an increase of 66.30% over the same period last year. Overall, the downstream market of potassium chloride rose slightly, and the downstream demand for potassium chloride was good.

3、 Aftermarket forecast

Potassium chloride market trend or high-level consolidation in the middle and early June. The price of potassium chloride in Salt Lake and zangge is stable and continues to increase, but the market supply is still limited and tight. Agricultural demand is weakened, industrial demand is normal, and just need to purchase. The international potash fertilizer market is supported by a high level, and it is unlikely that potassium chloride will fall.