Imported Potassium Fertilizer "Rising" Sound Homegrown Resources "Struggle"

In the recent period, with the demand for fertilizers for crops approaching in the south, the inquiry and inquiries have soared, accompanied by actual transactions. During the period, there was a partial outflow of supply of potash fertilizer in the port, and the transaction situation was instantaneously improved, which increased the desire of merchants to compensate for the rise. It is reported that Zhanjiang Hong Kong stockpiles of red potassium has basically bottomed out, plus red-potassic low-cost supply sources, the remaining supply has risen in full, the biggest increase reached 100 yuan / ton. Take red potassium as an example. In late November, the actual transaction volume of Zhanjiang Port was between RMB 2,700-2,750/ton, and the low-end turnover has risen to around RMB 2,850/ton. At the same time, Sinochem Group has no new sources of supply. In the case of shipments, the speed of shipments slowed down, causing shortage of supply of goods in a short period of time. The import of potash fertilizer in the northern market has appeared compensatory growth and increase. The main reason is that the border trade port merchants took advantage of the suspension of supply of Chinese Ural Potash Company to China in January of next year, and continued to strengthen its hype, and provided price support through the suspension of quotation at ports. In the short term, the supply of border trades in various regions has risen sharply, and this has led to signs of compensatory growth in the supply of ports. According to statistics, taking the Shandong market as an example, the quotation of 62% of Russia's white potassium mainstream outbound warehouses is between RMB 2,800-2,480/ton, which is the largest increase compared with November, RMB 150 yuan/ton, but the overall turnover situation of the potash fertilizer market has been released recently. slow. Several large agricultural companies in the southern region and import traders at boundary trade ports demanded to support the market and the prices had bottomed out. Will this mean that the Winter Reserve Fertilizer Plan has already started?

In fact, in this wave of price increase process, "buy up or not buy down" activated the desire of enterprises to buy, and in the case of gradually increasing the operating rate of compound fertilizers and potassium companies, raw material stocks have been depleted, and they have entered the market to purchase. Demand has gradually increased. However, it is reported that replenishment companies mostly focus on small and medium-sized production enterprises, and there are still many concerns in the procurement of raw materials, leading to a large number of small-volume-based bulk purchases. The turnover is mostly between 500-600 tons, barely satisfying half Use for many months. And over a longer period of time, on-demand purchases and replenishment orders are still a true portrayal of the potash market. It can be seen that at this stage, the winter reserve fertilizer in the potash fertilizer market is not really started, but it is only required for enterprises to maintain normal start-up. At the same time, Zhuo Chuangxin believes that the continuous rise in urea prices in the near future will form a strong support for the entire fertilizer market and strengthen the confidence of merchants entering the market. In this case, the potash market's bullish atmosphere will continue to ferment, but from a rational point of view, the limitation of the scale of potash fertilizer sales can hardly alleviate the excessive pressure on potash fertilizers. In addition, the excessive growth of some varieties will lead to the loss of downstream purchasing customers. Nowadays, the stability situation of domestic potash fertilizer is more obvious, and the Federal Reserve’s joint sales measures are favorable to downstream companies, so they are favored in procurement. It is expected that the price of domestic potash will become a barrier to the continued rise of imported potash prices.