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    Home > Agriculture News > Fertilizer News > Potassium fertilizer price market may pick up

    Potassium fertilizer price market may pick up

    • Last Update: 2022-03-14
    • Source: Internet
    • Author: User
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    At this stage, the potash market is in a recession period, and spot trading is not active.
    According to the current state of the market, merchants will redeploy the winter storage market.
    On the one hand, large traders intend to keep the price up for the market, and on the other hand, manufacturers reduce the volume of delivery.
    At present, the demand for potash fertilizer in my country is not large, the firepower transportation is tight, and the cost of automobile transportation is increasing.
    This move will undoubtedly help promote the market recovery.
    According to market surveys, various ports started to arrive at ports in October.
    From the above picture, we can see that my country’s port inventory is under great pressure.
    The shipping contract of Yingkou Port will also arrive intensively in November and December.
    The operating rate of compound fertilizer companies in Northeast China is increasing, and the demand for raw materials is rising.
    It is not excluded that local traders can take this opportunity to increase prices.
    Although increasing prices will help manufacturers obtain some benefits, it is not conducive to the healthy development of my country's potash fertilizer market in the long run.
    .
    After all, the overall supply of potash in my country is sufficient, and the contradiction between supply and demand is obvious.
    The reduction in supply and the tight transportation of domestic potassium are conducive to the short-term market price.
    It is expected that in November, along with the increase in the operating rate of compound fertilizer companies, the potash fertilizer market may enter the replenishment period, which will help alleviate the inventory pressure of upstream manufacturers.
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