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Potash will go up, so will futures.
Recently, the price of potash fertilizer in China has remained high. In terms of domestic production, Qinghai Salt Lake Group officially announced the new price in September: potassium chloride rose by 20 yuan (ton price, the same below), and the arrival price of national railway was around 1.850 yuan. At present, the production and sales of Salt Lake Group are booming, and the inventory is limited, which is less than 1 10,000 tons away from achieving the annual task goal. Local small factories actively ship goods.

In terms of imports, domestic Hong Kong stocks continue to be at a historical high, and dealers' quotations are mainly on the sidelines. The mainstream price of 62% white potassium is maintained at 1.850 ~ 1.880 yuan, the reference price of Israeli and Jordanian white potassium is 1.800 ~ 1.820 yuan, and the reference price of Russian red potassium granules is about 1.900 yuan. At present, this part of the supply is relatively tight, and the high-end quotation has risen to 1930~ 1950 yuan. The supply and price of border trade potash fertilizer remained stable.

Since entering the autumn market, the price of potassium chloride has been on the rise due to many factors. Because it is not far from the winter storage, downstream buyers are eager to move. However, affected by the price of compound fertilizer, the insiders believe that the overall inventory is already on the high side, and it is suggested that downstream purchasing enterprises increase their inventory appropriately to avoid the cost increase caused by price fluctuations.

The price of potassium sulfate remained stable. According to the news, the potash fertilizer plant in SDIC, Xinjiang resumed production. Prior to this, the maintenance time of the enterprise was from May/KLOC-0 to September 6, and nearly 90% of the annual sales tasks were completed, and the goods were shipped in stock. At present, the first delivery price of 52% standard powdered potassium sulfate in Lop Nur remains unchanged at 2550~2600 yuan, and the first delivery price of 52% granular potassium sulfate is 2700~2750 yuan.

At present, the operating rate of Shandong and Hebei is still at a high level, with the operating rate of Mannheim plant in Shandong being 70% and that of Hebei being 75%. The insiders believe that the potassium sulfate market fluctuates little at present, and it is more likely to fluctuate with the price of potassium chloride in the later period. Judging from the current market, there are not many new orders from potassium sulfate enterprises. Once the domestic market demand drops, it needs to rely on export orders to support it. Therefore, it is suggested that enterprises should be cautious when purchasing new orders. With the increase of preferential efforts of some enterprises, the future price may be beneficial to buyers.