1、 Price trend
| Benzalkonium chloride |
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 5066.67 yuan / ton at the beginning of the week to 5133.33 yuan / ton at the end of the week, an increase of 1.32%. The ex factory price of domestic potassium chloride was temporarily stable this week. This week, the factory price of potassium chloride in domestic salt lakes is about 3500 yuan / ton. On April 10, the commodity index of potassium chloride (import) was 135.09, unchanged from yesterday, hitting a record high in the cycle, up 39.69% 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 ex factory price of Qinghai Salt Lake potassium chloride at the weekend was about 3500 yuan / ton, which was temporarily stable compared with that at the beginning of the week. Youdeshi’s potassium chloride distribution quotation this weekend is 5100 yuan / ton, which is temporarily stable compared with that at the beginning of the week. Zibo Dehe offered 5300 yuan / ton of potassium chloride this weekend, up 300 yuan / ton compared with the beginning of the week. Anhui Badou’s potassium chloride distribution quotation this weekend is 5000 yuan / ton, which is temporarily stable compared with last weekend. The self raised price of 62% white potassium at the port is about 5000 yuan / ton. The price of 60% Dahong granules in the port has increased by about 5000-5200 yuan / ton. Border trade 62% Russian White potassium is about 4800-4900 yuan / ton.
| Sodium Molybdate |
From the downstream market of potassium chloride, the ex factory price of potassium carbonate was adjusted at a high level this week, with a quotation of 9066.67 yuan / ton, up 35.58% year-on-year compared with the same period last year. The ex factory price of potassium nitrate was adjusted at a high level this week, and the quotation was 7050.00 yuan / ton, up 65.40% year-on-year compared with the same period last year. On the whole, the downstream market of potassium chloride has been consolidated at a high level, and the downstream demand for potassium chloride is general.
3、 Future forecast
In mid April, the overall trend of potassium chloride market may fluctuate and rise in a narrow range. The price of potassium chloride in Salt Lake and zangge has been adjusted at a high level, but the market supply is still limited and the supply is relatively tight. With the advent of spring ploughing, agricultural demand has increased, and traders are actively taking goods. The demand for potassium chloride is mainly high in the downstream, while the demand for potassium chloride is good in the downstream. 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.
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