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According to reports, the current sales of fertilizer manufacturers are generally sluggish, and some medium- and small-scale compound fertilizer manufacturers directly stop production and overhaul, while some other compound fertilizer manufacturers find new ways. They have purchased a lot of potassium from border trade, and the price is only 1430 to 1470. Yuan, this impact on the port of potash fertilizer is unprecedented. Coupled with the large stocks of potash fertilizers at various ports, various potash stocks exceed approximately 900,000 tons. Compared with the beginning of November last year, stocks increased by more than 100,000 tons. Currently inventory products are still dominated by Russia and Canada. Among them, potash stocks in Canada are about 330,000 tons, which is about 50,000 tons less than in early November of last year. Russia's potash stocks are estimated to be about 440,000 tons, which is about 170,000 tons more than in early November of last year.
At present, it is not time for farmers to directly apply potash fertilizer. Although the amount of potash fertilizer should not be ignored in the autumn, the potash market may be difficult to change in the short term.
Potash prices may go down Shanghai pressure exceeds non-slip trend
In the recent period, the fertilizer market was fluctuating, especially the potash fertilizer market. In the past week, traders generally quoted Russia's potash fertilizer at 1,850 yuan (t price, the same below), and some ports traded at 1,830-1,835 yuan. But last week, some foreign ports in Jiangsu were quoted at 1,810 yuan. It is expected that the price of potash fertilizer imported from the port will continue to decline slowly, and the upward pressure will far exceed the downward trend.