The recent trend of the domestic potash fertilizer market is relatively flat, with slow turnover. Even in late September, the Russian Ural Potash Plant announced that in order to ensure that the contract for potash delivery in the fourth quarter of 2011 signed with India was completed before the end of the year, the export of potash fertilizer to the Chinese market was stopped in October. However, the stimulating effect of this good news on the market did not seem to be significant. After the market performed for a short time, it quickly returned to calm.
At present, domestic prices of potassium chloride are generally stable, and individual markets have slightly decreased. The price of imported potash is: 60% Russian red powdered potassium fertilizer 3,250 yuan (ton price, the same below), 60% to 62% white powder 3350 to 3,450 yuan; domestic potash price is: 60% crystal potassium fertilizer to Qinghai Salt Lake station price 3450 Around Yuan, Qinghai Xiaochang 57% powdered potassium fertilizer (moisture content of about 6%) to the station price of about 2900 yuan.
** The price trend of potassium is relatively poor. In the near future, Yunnan*s potassium price only reached the station price of RMB 3,700, which was down by nearly RMB 300 from the previous Guizhou ** bid price of RMB 3,989. The downward pressure on market prices has increased. At present, 50% of the content of powdered **potassium is factory price around 3800, 50% of granular **potassium is factory price of 3900 to 3950 yuan, and the actual transaction price is 50 to 100 yuan.
The current market wait and see mood is strong, waiting for a turnaround in the slow turnover.
——Good international market trend German potash company increased the price of large-size potassium chloride and potassium by 12 euros on September 15. The large-particle potassium chloride price has risen to 375 from the previous transaction of 363 euros. In the euro, the price of large grains of **potassium rose from the previous 453 euros to 465 euros. The CIF of potassium chloride in Southeast Asia began in mid-September and was raised from the previous US$510 to US$535. U.S. GSL also announced that from October 1st onwards, the price of all ** potassium will increase by $30 per short ton. Potash fertilizer is one of China's most highly dependent foreign fertilizer varieties. About half of it needs to be imported, which is affected by the international market. The international price of potash fertilizer will also increase domestic potash fertilizer prices.
- Demand is expected to resume rising. With regard to agriculture, there is a demand for fertilizers for autumn and winter crops and fruit trees. After October, some small-scale compound fertilizer plants that were suspended earlier will resume production, and the purchase of raw materials will increase. In addition, some compound fertilizer plants will begin to lightly store raw materials, which will lead to increased demand for potash fertilizer.
——The mentality of large companies is stable At present, although the mentality of some small companies is not stable, they fear that the prices of urea, monoammonium phosphate, and ammonium chloride will drop in response to the decline in prices in the later period. They are eager to throw goods, but Sinochem, Zhongnong, and Qinghai Salt Lake Potash Other large companies are optimistic about the potash market's trend in the latter part of the period. The quotation has been relatively firm and is not in a hurry to ship.
However, the market outlook, the domestic potash fertilizer prices is unlikely to rise sharply, even if the international potash fertilizer prices rose sharply, it may not be able to stimulate the domestic potash fertilizer prices rose. China's potash fertilizer prices will continue to be a shortage of global potash fertilizer prices. According to statistics, from January to August of this year, China's total import of potassium chloride was 4.3838 million tons, of which border trade imports 648,700 tons, accounting for 16.28% of total imports; in 2010, imports of potassium chloride 5,240,900 tons, of which border trade imports 1.5229 million Tons, which accounted for 29.28% of the total imports of the year, of which from January to August border trade imported 974,400 tons of potassium chloride. From the above data, we can see that from January to August 2011, the import volume of potassium chloride in China was only a little more than one million tons from the total import volume in 2010, and the import volume of potassium chloride from border trade in January-August 2010 was lower. In the same period in 2011, it was 328,700 tons. Therefore, even if the Russian Urals stop supplying potassium fertilizer to China in the fourth quarter of this year, the import volume of potash fertilizer in the border trade is zero. In the whole year of 2011, the import volume of potash fertilizer in China will also be basically the same as the import volume of potash fertilizer in 2010. In addition, the increase in domestic potash fertilizer production this year was relatively large. In the first eight months, the net amount of pure potassium produced was 2.642 million tons, an increase of 24.9% over the same period of last year. This year, in addition to the inventory of potash fertilizer last year, China’s potash fertilizer supply was more abundant this year.
In addition, at present, the price of potash fertilizer is relatively higher than that of nitrogen fertilizer and phosphate fertilizer. Some compound fertilizer plants may produce more low-potassium compound fertilizer to reduce the production cost of compound fertilizer. If potash prices continue to rise, and nitrogen fertilizer and phosphate fertilizer prices fall, this phenomenon will become more apparent, thus reducing the demand for potash fertilizer and restraining its price increase.
At present, domestic prices of potassium chloride are generally stable, and individual markets have slightly decreased. The price of imported potash is: 60% Russian red powdered potassium fertilizer 3,250 yuan (ton price, the same below), 60% to 62% white powder 3350 to 3,450 yuan; domestic potash price is: 60% crystal potassium fertilizer to Qinghai Salt Lake station price 3450 Around Yuan, Qinghai Xiaochang 57% powdered potassium fertilizer (moisture content of about 6%) to the station price of about 2900 yuan.
** The price trend of potassium is relatively poor. In the near future, Yunnan*s potassium price only reached the station price of RMB 3,700, which was down by nearly RMB 300 from the previous Guizhou ** bid price of RMB 3,989. The downward pressure on market prices has increased. At present, 50% of the content of powdered **potassium is factory price around 3800, 50% of granular **potassium is factory price of 3900 to 3950 yuan, and the actual transaction price is 50 to 100 yuan.
The current market wait and see mood is strong, waiting for a turnaround in the slow turnover.
——Good international market trend German potash company increased the price of large-size potassium chloride and potassium by 12 euros on September 15. The large-particle potassium chloride price has risen to 375 from the previous transaction of 363 euros. In the euro, the price of large grains of **potassium rose from the previous 453 euros to 465 euros. The CIF of potassium chloride in Southeast Asia began in mid-September and was raised from the previous US$510 to US$535. U.S. GSL also announced that from October 1st onwards, the price of all ** potassium will increase by $30 per short ton. Potash fertilizer is one of China's most highly dependent foreign fertilizer varieties. About half of it needs to be imported, which is affected by the international market. The international price of potash fertilizer will also increase domestic potash fertilizer prices.
- Demand is expected to resume rising. With regard to agriculture, there is a demand for fertilizers for autumn and winter crops and fruit trees. After October, some small-scale compound fertilizer plants that were suspended earlier will resume production, and the purchase of raw materials will increase. In addition, some compound fertilizer plants will begin to lightly store raw materials, which will lead to increased demand for potash fertilizer.
——The mentality of large companies is stable At present, although the mentality of some small companies is not stable, they fear that the prices of urea, monoammonium phosphate, and ammonium chloride will drop in response to the decline in prices in the later period. They are eager to throw goods, but Sinochem, Zhongnong, and Qinghai Salt Lake Potash Other large companies are optimistic about the potash market's trend in the latter part of the period. The quotation has been relatively firm and is not in a hurry to ship.
However, the market outlook, the domestic potash fertilizer prices is unlikely to rise sharply, even if the international potash fertilizer prices rose sharply, it may not be able to stimulate the domestic potash fertilizer prices rose. China's potash fertilizer prices will continue to be a shortage of global potash fertilizer prices. According to statistics, from January to August of this year, China's total import of potassium chloride was 4.3838 million tons, of which border trade imports 648,700 tons, accounting for 16.28% of total imports; in 2010, imports of potassium chloride 5,240,900 tons, of which border trade imports 1.5229 million Tons, which accounted for 29.28% of the total imports of the year, of which from January to August border trade imported 974,400 tons of potassium chloride. From the above data, we can see that from January to August 2011, the import volume of potassium chloride in China was only a little more than one million tons from the total import volume in 2010, and the import volume of potassium chloride from border trade in January-August 2010 was lower. In the same period in 2011, it was 328,700 tons. Therefore, even if the Russian Urals stop supplying potassium fertilizer to China in the fourth quarter of this year, the import volume of potash fertilizer in the border trade is zero. In the whole year of 2011, the import volume of potash fertilizer in China will also be basically the same as the import volume of potash fertilizer in 2010. In addition, the increase in domestic potash fertilizer production this year was relatively large. In the first eight months, the net amount of pure potassium produced was 2.642 million tons, an increase of 24.9% over the same period of last year. This year, in addition to the inventory of potash fertilizer last year, China’s potash fertilizer supply was more abundant this year.
In addition, at present, the price of potash fertilizer is relatively higher than that of nitrogen fertilizer and phosphate fertilizer. Some compound fertilizer plants may produce more low-potassium compound fertilizer to reduce the production cost of compound fertilizer. If potash prices continue to rise, and nitrogen fertilizer and phosphate fertilizer prices fall, this phenomenon will become more apparent, thus reducing the demand for potash fertilizer and restraining its price increase.
Tianyi Steel Pipe Co., Ltd. , http://www.czseamlesspipe.com