Today’s potassium chloride market remains in a weak position, with port prices continuing to show low consolidation. Downstream demand remains light, and traders are not optimistic about the near-term outlook. On the other hand, domestic potassium supply is moving smoothly, with more downstream factories actively purchasing, leading to a more stable offer. According to trader feedback, there is currently more room for negotiation on both port and border trade prices, which suggests that domestic potassium is not yet the dominant force in the market. As a result, the overall market price may need further adjustment to reflect current conditions.
Russian red potash is currently quoted at 1830-1850 yuan/ton for border trade, while port prices range from 2030-2050 yuan/ton. Russian white potash is priced between 1850-1880 yuan/ton at the border and 2050-2080 yuan/ton at the port, with transactions still open to negotiation. Domestic salt lake potassium, including 60% powder and crystal grades, is quoted at 2000 yuan/ton and 2040 yuan/ton respectively, with stable pricing reported across the board.
Additionally, it's worth noting that potassium sulfate is preparing for an upcoming maintenance period, which could impact domestic supply in the coming weeks. This may lead to continued price stability or even slight increases as supply tightens. Market participants are closely monitoring these developments, as they could influence future trading dynamics. Overall, the potassium chloride market remains cautious, with traders waiting for clearer signals before making major commitments.
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