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The price of potassium chloride hit a new high in the past five years Comefrom:cinic    AddDate:2019-01-17    Hit:2692

In 2018, the domestic potassium chloride market rose as a whole. At the beginning of the year, the quotation of 60% potassium chloride quoted by Qinghai Salt Lake was 2,150 yuan. At the end of the year, it rose to 2,420 yuan, up by 13%.At the beginning of 2018, the mainstream quotation for 62% white potassium was 2,200 yuan, which has since risen all the way up to 2,450 yuan in April.

As the spring plowing market came to an end, the price of potassium chloride fell back to 2300 yuan in May last year, and then fluctuated in the range of 2300~2480 yuan.

In August last year, driven by the rise in international potash prices, domestic potash prices started a new round of growth, and reached about 2,600 yuan by the end of the year, which was also the highest price of the year, with a rise of more than 20%.

Compared with 2017, the average quotation price of 60% potassium chloride quoted by Qinghai Salt Lake in 2018 is 2,289 yuan, up by 368 yuan, the amount of increase is 19%.The average price of the mainstream quotation of 62% white potassium is 2,351 yuan, up 329 yuan, the amount of increase is 16% over 2017.

Look from 2019 potassium chloride market, the price still will run high.On the one hand, the international potassium chloride price is high, affected by the import cost, the domestic market price will go up as a whole;On the other hand, domestic potash enterprises are restricted by mineral resources, coupled with the high pressure of environmental protection, supply may be reduced relative to 2018.In addition to limited capacity release, to a certain extent support domestic potassium chloride prices rising.

In addition, potassium chloride carryover inventory at the end of 2018 is not large, and market pressure is not large, which also forms a support for the price.

However, it is worth noting that the potassium chloride contracts with Canada and Russia are still incomplete until now.

It remains to be seen whether imports in the first half of 2019 will hit a record high, as they did in the previous two years.If the import volume is too large, the market will form a inhibition.

Analysts estimates that in 2019,the price range of 62% white potassium is 2200~2550 yuan, the price range of red powder potassium is 2150~2500 yuan, and the price range of granular fertilizer potash is 2250~2550 yuan.The price range of 60% domestic potassium is 2200~2500 yuan.62% border trade import potassium port price range 2150~2450 yuan.

In terms of the potassium sulfate market, the export volume is expected to increase significantly due to the reduction of the export tariff from 600 yuan/ton in 2018 to zero in 2019.At present, China has a serious overcapacity in potassium sulfate, and the opening of export can help alleviate the contradiction between supply and demand in the market and form a support for the price.

For the whole year of 2018, potash prices are mainly rising, and the most important support is "good news for the future".Traders on the grounds of "international supply constraints, large contract prices may rise" "the international situation is good, the shipment to China may not be very much soon", and "domestic potassium production may be greatly reduced", reluctant to sell up, to the late may be good to drive the market procurement, driving up prices.

From the production situation, qinghai manufacturers were troubled by the mineral source problem almost all the year in 2018, and the output was affected. It is estimated that the output of potassium chloride in 2019 will be reduced by 1 million tons compared with that in 2018.Market supply overall tight, support prices rise.