Potash market remain stable

Beginning of this year , the domestic potash market is generally stable , large contract negotiations are inconclusive , downstream turnover decreased from the previous month , the industry is waiting for the introduction of a large contract negotiation the specific circumstances .

First three quarters of 2013 , overall domestic sales of more sluggish fertilizer , potash prices were plummeting state, therefore, the downstream fertilizer plant raw material procurement more cautious , and more to use with the mining -based, low stocks of large fertilizer plant , small fertilizer plant basic zero inventory . In November last year after the end of compound fertilizer sales , the market turnover improved, increasing Dongchu orders, led the centralized procurement of raw materials in the fourth quarter of potash . Most of the current downstream fertilizer plant Dongchu orders reserves of raw materials have been supplemented by the new procurement plan will depend on subsequent orders Dongchu receivables circumstances. In addition, because the big contract is not yet known , the market outlook is unknown, since mid- December last year , the domestic potash deal started to slow down .

Qinghai domestic potash companies have shutdowns , shipping situation improved slightly , Salt Lake shipments a day in three or four columns. 2013 new annual output of one million tons of potassium chloride project , since the September 14, 2013 put into trial operation stable , as of December 22, 2013 , cumulative production of the new device 210,000 tons of potassium chloride , grade 93 % ~ 98% between . Due to the drying system is not yet completed , the moisture content is relatively high. 2014 is expected to be re- drive February 22 , currently selling stocks based.

2013 to further enhance the self-sufficiency rate of domestic potash fertilizer . November 2013 domestic potash production 568,300 tons , representing a significant increase of 42.3 %. 1 to November cumulative production 5,571,900 tons , an increase of 15.87% .

Prices, domestic 60% potassium chloride mainstream price 2030 ~ 2080 yuan ( t price , the same below ) , 57% potassium chloride 1880 ~ 1900 yuan .

Port recent Russia-Belarus potassium arriving for pre- sales orders , the current stock of around 1.3 million tons in Hong Kong . White potassium supply is still a little tight , Jordan and potassium supply more . Russian Red potassium mainstream price 2020 ~ 2050 yuan , 62% Quartz 2150 ~ 2180 yuan ; Jordan White K 2050 ~ 2060 yuan ; Israel White K 2100 yuan ; Canada, 62 percent of white K 2130 ~ 2150 yuan , 2300 ~ 2350 yuan large particles , less supply . Potash imports in 2013 decreased compared to 2012 , from January to November , total imports of potassium chloride 5.4232 million tons , representing a decrease of 11.28% over the same period in 2012 .

To a slight increase in the volume of cross-border trade , mainly sold in the Northeast, nearly 300,000 tons in 2013 to reduce imports by rail over the border from Russia in 2012 . Northeast currently supply remains tight, white potassium quoted Russian ports 2030 ~ 2050 yuan .

Overall, total 2013 Chinese potash imports declined over the 2012 , 2014 and 2013 is expected to import flat. Market will remain stable in the short term , the introduction of waiting for a big contract .