Potassium chloride market encountered "cold current" in spring

This year's spring has arrived unexpectedly.
As soon as the spring arrives, it indicates that the farmers will soon start their annual spring farming work.
As a fertilizer market for farming, it should also gradually become active.
Manufacturers reserve raw materials in advance, produce, sell, and then use fertilizers at the end.
However, the spring ploughing market has been slow to start this year, and the trading atmosphere in the fertilizer market has been tepid.
At present, for the raw material potassium chloride market, the trading atmosphere in the market is weak.
At present, there are no large orders to drive the market.
There are many tentative inquiries in downstream factories, and the actual receiving volume is limited.
Why the spring plowing market started so slowly, why the potassium chloride market is so weak, perhaps we seek the answer from the following factors.
In January and February, port arrivals were concentrated, and potassium chloride stocks in various ports were relatively large, and the supply of goods was relatively sufficient.
As of February 20, the port's potassium chloride inventory was approximately 2.
3 million tons.
2.
After the year, the domestic potash will be shipped smoothly, and the salt lake potash fertilizer train will ship the potash fertilizer to various places.
At present, domestic potash stocks are sufficient in various places, which impacts imported potash fertilizer to a certain extent.
3.
The downstream compound fertilizer market is advancing slowly.
Some downstream distributors still have inventory and no sales.
Distributors are not eager to receive the goods, and the payment of compound fertilizer cannot be followed up, which directly affects the progress of the start of compound fertilizer.
At present, the operating rate of large-scale compound fertilizer plants is about 80%, and small and medium-sized enterprises receive funds because they have no orders.
Cost pressure operating rate is low, and the overall operating rate of small enterprises is only 3-4%.
However, large-scale compound fertilizer factories have a lot of inventory in the early stage, and they are not in a hurry to receive the goods.
In addition, they are not optimistic about the spring plowing market.
The downstream factories have increased the price of receiving the goods, and the profit margin of potash fertilizer traders has gradually been compressed.
Now let's take a look at the quotation of imported potassium: as of February 21, the port price of 62% white potassium was 2050 yuan/ton and 62% white potassium was 2030 yuan/ton.
The 62% Russian-Belarus quotation of the latest source of border trade also fell to 1,900 yuan/ton.
There is room for negotiation at the current price.
There has not been a large order to drive the market so far, so far, the actual transaction price of potassium chloride has only fallen slightly.
The industry is not optimistic about the spring ploughing market this year.
The prices of raw materials continue to fall.
The price of urea is currently falling significantly, while the price of potassium chloride is also falling slightly.
The spring of this year is a bit cold for the potash fertilizer market, and the possibility of a rebound in the later period is relatively small.
The industry needs to be cautious.