Domestic Potassium News | The downturn is still stable and has not yet been achieved
June 12, 2024, 9:21 AM
Potassium World
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Domestic Potassium News | The downturn is still stable and has not yet been achieved.
The price of potassium chloride has not changed much, but there is still some phenomenon of bright and steady decline. The number of port stocks is limited, but when the demand is very deserted, some small traders are in the process of clearing their warehouses, and the price may be significantly lower than the general quotation of large traders. It is uncertain whether the border trade will import in August, but it is said that the arrival of goods will continue. There are also downstream feedback that the low-end price seems to be still dropping, and stabilization has not yet been achieved. The price of domestic potash in Qinghai is relatively chaotic, and the sluggish demand has made some manufacturers lose their interest in quotations.
The sales of potassium sulfate are not ideal, and the export is blocked, so the operating rate of the industry has dropped significantly. This move is also to prevent inventory from continuing to increase. After all, bearish prices have dominated, and inventory may mean more losses.
The current compound fertilizer market is also not ideal. It is said that there may be a turnaround next month, but the reason for its support is only that the season is approaching. Whether the potash fertilizer market can improve, it is still the mainstream to be bearish for the time being, but some people in the industry believe that there should be no plummet in the short term.
The sales of potassium sulfate are not ideal, and the export is blocked, so the operating rate of the industry has dropped significantly. This move is also to prevent inventory from continuing to increase. After all, bearish prices have dominated, and inventory may mean more losses.
The current compound fertilizer market is also not ideal. It is said that there may be a turnaround next month, but the reason for its support is only that the season is approaching. Whether the potash fertilizer market can improve, it is still the mainstream to be bearish for the time being, but some people in the industry believe that there should be no plummet in the short term.
June 12, 2024, 9:21 AM
June 12, 2024, 9:21 AM
June 12, 2024, 9:21 AM
June 12, 2024, 9:21 AM
June 12, 2024, 9:21 AM