Home> News> The rebound in potassium fertilizer prices is good/with the latest guidance price for potassium salt (fertilizer)
August 07, 2023

The rebound in potassium fertilizer prices is good/with the latest guidance price for potassium salt (fertilizer)

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate


Potassium chloride



This week, Potassium chloride slowly began to recover its quotation after the shutdown, and the new quotation rebounded significantly from the previous period. The official arrival price of domestic 60% potassium is 2250 yuan/ton, while the market sales price is mostly 2300 yuan/ton, which has overcome the problem of hanging upside down. Currently, the manufacturer has a large waiting quantity for shipment; The situation of newly signed orders in border trade is not very clear, with some pre-sales calling for 62% of the port price of potassium chloride at 2250 yuan/ton; The port has sufficient supply of goods and a relatively large proportion of bonded goods, but the new high price level after the price rebound has not been fully accepted yet. Firstly, the market is not particularly optimistic about the rebound amplitude, and secondly, the impact of the temporarily low price of domestic potassium. It is understood that the current price of 62% of white potassium in ports is mostly 2500 yuan/ton. As the overall growth of fertilizer market is obvious in autumn, Potassium chloride with low price is expected to maintain the rebound trend.





Potassium sulfate



The price of Potassium sulfate rose again this week. The spot supply of Potassium sulfate continues to be tight, the factory has no inventory, and most of the orders to be issued have been scheduled from the middle of August to the end of the month. Driven by the rebound of Potassium chloride, some manufacturers have raised the ex factory quotation by about 100 yuan. At present, the ex factory price of Mannheim Potassium sulfate 52% fully water-soluble powder is mostly about 3200 yuan/ton, and the quotation is flat or 100 yuan/ton higher. Resource based Potassium sulfate manufacturers need to wait until September to resume normal production. Some manufacturers have pre-sales in advance, so the shortage of supply will not be alleviated soon.

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