1、 Price trend

According to the Commodity Analysis System of the Business Society, the domestic market price of imported potassium chloride slightly increased in August. The price of potassium chloride increased from 2725.00 yuan/ton at the beginning of the month to 2850.00 yuan/ton at the end of the month, an increase of 4.59%. On August 29th, the potassium chloride (imported) commodity index was 88.89, a decrease of 0.4 points from yesterday, a decrease of 49.09% from the highest point of 174.60 points in the cycle (2022-06-21), and a 52.60% increase from the lowest point of 58.25 points on August 6th, 2020. (Note: The cycle refers to the period from March 1st, 2012 to present)

2、 Market analysis

From the supply side perspective, the prices of mainstream domestic potassium chloride distributors fell first and then rose this month. The terminal price of potassium chloride in Qinghai Salt Lake is around 2700 yuan/ton, an increase of 300 yuan/ton. At the end of the month, 62% of the port’s white potassium was around 3000 yuan/ton, an increase of 500-600 yuan/ton. 60% of the port’s red particles were around 3000 yuan/ton, an increase of 300-400 yuan/ton. Border trade 62% of Russian white potassium was around 2700 yuan/ton, an increase of 400-500 yuan/ton. The potassium chloride port has a storage capacity of about 2.9 million tons.

From the demand side, the market price of potassium carbonate fell first and then rose this month. The price first fell from 7340.00 yuan/ton on August 1 to 7100.00 yuan/ton on August 12, a decrease of 3.27%, and then rose to 7330.00 yuan/ton at the end of the month, an increase of 3.24%. Overall, the market price of potassium carbonate in August decreased slightly by 0.14%, and the price at the end of the month decreased by 23.04% compared to the same period last year. This month, the factory price of potassium nitrate first fell and then rose, dropping from 5525.00 yuan/ton on August 1 to 5250.00 yuan/ton on August 18, a decrease of 4.98%. Later, it rose to 5425.00 yuan/ton at the end of the month, an increase of 3.33%. Overall, the factory price of potassium nitrate in August fell by 1.81%, and the price at the end of the month decreased by 20.51% compared to the same period last year. Overall, the downstream market of potassium chloride fell first and then rose. Agricultural demand is average, industrial demand is increasing, and downstream manufacturers