BEIJING, July 14 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, analyzes the potash market.
Himfr asserts that although this year the potash fertilizer market has experienced many hardships, Chinese potash fertilizer sales in this year's market are still thriving. As part of the compound fertilizer manufacturers' active stock and the rapid decline in stocks of small factories, prices have increased from 1900 RMB to the current 2,050 yuan.
Import of potassium chloride is still faced with the impact. It is reported that cross-border trade in mid-July will be arrival several million tons of potassium chloride. In the Northeast market, for example, although some manufacturers have begun to use the local Chinese potash fertilizer and potassium chloride, this does not account for the cost of cross-border trade price advantages. Generally the potassium chloride border price is 2,350-2,400 RMB and is relatively cost-effective.
Recently, international potash market prices have risen; this is mainly because India, Brazil and other large buyers shipped at a faster than usual pace, so international markets are tentatively raising the price from 350 U.S. dollars to 375 U.S. dollars, with a continuing upward trend.
This year, Chinese potash fertilizer levels are far below last year's, with the current port imports at 130 million tons of potash fertilizer; plus with Chinese potash fertilizer, there are more than one million tons. However, the downstream consumption is poor. From the beginning of last year's various natural disasters, the result has been poor sales in potash fertilizer, and large backstock, particularly for some large fertilizer manufacturers.
The current market price of potash fertilizer should be fairly stable, although there is little activity. Further price drops are unlikely, since the price almost equal to the cost. Himfr believes that all major potash fertilizer (http://www.himfr.com/list-product-Chemicals-05000000-1.html ) traders, in order to maintain potash fertilizer price stability, will try their best to make potash fertilizer sales in the peak season.
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