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Due to tight supply, the price of potassium chloride continued to be strong last week, and the CIF price range of large-particle potassium chloride in Brazil has narrowed to US$255-260 (ton price, the same below).
At the same time, buyers are still waiting to see whether fertilizer prices fall due to falling food prices.
Last week’s Easter holiday also suppressed potash sales.
In Europe, the price of large particles of potassium chloride remains at 245-255 Euros (CIF).
Although the holiday has caused a decline in transaction volume, as demand continues to rise, prices are expected to remain stable in the coming weeks.
Although the market has shown signs of recovery, such as Indonesia's Sinar Mas Group has planned to launch a bid for 90,000 tons of standard potassium chloride, the demand in the entire Southeast Asian market is still showing a seasonal downward trend.
The spot price of large particles of potassium chloride on the coast of Nola in the United States remained stable last week, and the FOB price for a small number of transactions was 218-223 US dollars per short ton.
The one-month shutdown of the Esterhazy Potash Mine has caused a delay in the supply of Maison, but the company is currently working hard to catch up with the progress of previous years.
At the same time, China's maritime potassium chloride negotiations officially started last week.
Although the specific price has not yet been discussed, only some other situations in the market have been discussed, but the supplier still expects to sign the contract in the next one to two months, and the price will be 219 US dollars (CIF) last year The level has improved.
At the same time, buyers are still waiting to see whether fertilizer prices fall due to falling food prices.
Last week’s Easter holiday also suppressed potash sales.
In Europe, the price of large particles of potassium chloride remains at 245-255 Euros (CIF).
Although the holiday has caused a decline in transaction volume, as demand continues to rise, prices are expected to remain stable in the coming weeks.
Although the market has shown signs of recovery, such as Indonesia's Sinar Mas Group has planned to launch a bid for 90,000 tons of standard potassium chloride, the demand in the entire Southeast Asian market is still showing a seasonal downward trend.
The spot price of large particles of potassium chloride on the coast of Nola in the United States remained stable last week, and the FOB price for a small number of transactions was 218-223 US dollars per short ton.
The one-month shutdown of the Esterhazy Potash Mine has caused a delay in the supply of Maison, but the company is currently working hard to catch up with the progress of previous years.
At the same time, China's maritime potassium chloride negotiations officially started last week.
Although the specific price has not yet been discussed, only some other situations in the market have been discussed, but the supplier still expects to sign the contract in the next one to two months, and the price will be 219 US dollars (CIF) last year The level has improved.
