Domestic potash fertilizer market is stable

The potash fertilizer market has been stable domestically. In addition to the tight supply, the author believes that the recent international market conditions are positive and also have some support for domestic prices. It is reported that at present, the demand for potassium in Latin American market is good, and the suppliers of Brazil's granular potassium are quoting at the lowest price of CFR 350 U.S. dollars per ton. Adding potassium and Ukrainian potassium to the buyer in the region to reach the transaction date for the April ship date is also expected to reach CFR 360 U.S. dollars/ton. . The potash market in the United States remained strong, and the barge source transaction price was as high as FOB330/short ton, up 10 US dollars/short ton from last week. India in the Asian region will reach a new round of contract orders in the Indian market at the end of this month, and the insiders are still confident that the transaction price for the new round of contracts in India will be CFR325-330/tonne.

In addition to demand, the potential for adding potassium due to the impact of cold transportation and Israel's incident on international potash supply is also a factor supporting the international market price, and it also supports the price of imported potash fertilizer in China.