Overview of China's potash fertilizer market in March 2016 and outlook

The spring ploughing market gradually opened in March, and the trading atmosphere in the potash fertilizer market has recovered.
Inquiries have increased, transactions have improved, the Northeast market has been fully opened, and Hong Kong stocks have been digested.
The continued decline in potash market prices has eased.
At present, as the trading situation in the potash market has improved significantly, the prices of potash in some northern ports have risen slightly, and the market prices are picking up.
The southern market has not yet been fully opened, and it is still waiting and watching.
In China, prices have basically stabilized.
Domestic potassium has basically remained stable and transactions are average.
The production capacity of the salt lake plant is recovering.
The current daily output is about 10,000 tons, and the price is stable.
The current domestic potassium chloride 60% crystal mainstream area export price is 1930-1950 yuan/ton, Qinghai small factory The start of construction has gradually recovered, and the current mainstream arrival price is around 1750-1800 yuan/ton, and the transaction is relatively light.
Imported potassium port inventory has declined, but the previous inventory is relatively large, and it is still high at about 2.
7 million tons.
The transaction is picking up, and the supply of some varieties is tight.
The current price is rising slightly.
62% of the mainstream quotations of Russian white potassium ports are mostly in Around 2050 yuan/ton, Russian red powder is around 1850-1900 yuan/ton, including 13% value-added tax.
The Northeast market has obviously improved.
Yingkou port inventory has dropped to about 350,000 tons.
Currently, Yingkou port granular potassium is about 2,100 yuan/ton, and the supply of goods is relatively tight.
Border trade has successively passed the goods.
The current inventory is relatively high, about 150,000 tons, and the price is temporarily stable.
The 62% Russian white potassium port price is about 1830 yuan/ton.
The Russian red potassium supply is relatively small and the transaction is average.
??? Transactions in the potassium sulfate market have also picked up, and the trading atmosphere in the Northeast market has improved significantly, with an increase in the number of orders, but mostly small orders.
At present, the market demand for granular potassium sulphate is high, the transaction is good, and the powdered transaction status is average.
Some manufacturers switch to granular potassium.
Manufacturers' quotations are basically stable and have no major fluctuations.
Now the mainstream ex-factory quotations of Mannheim's 50% powder are 2350-2550 yuan/ton, and the 52% ex-factory quotations are 2500-2700.
The actual transaction is negotiable.
The price of Luopotash is temporarily stable, with 51% arrival price of 2350 yuan/ton, and acceptance plus 50 yuan/ton.
Under the pressure of Luopotassium prices, the operating rate of Mannheim manufacturers is still low.
The current market is still mainly based on digesting inventory, and maintenance manufacturers have no plans to start operations for the time being.
??? Market outlook forecast: the spring ploughing market opens, the potash market demand picks up, and the trading atmosphere improves.
The price rises, but the early inventory is relatively sufficient.
In the short term, the price may be stable and accompanied by a slight increase.