It is difficult to make the potassium market difficult to advance

Japan understands that domestic potash prices continue to decline, and actual transactions have been reduced by 50 yuan/ton from the previous period. However, traders said that there is still little interest in the downstream. The author believes that the main factors are: 1. The international giant Ural Potash stated that the decision to withdraw from the BPC may lead to the global potash price falling from the current 400 US dollars per ton to 300 US dollars or even lower in the second half of 2013, and is expected to globally The competition is more intense. Under this international environment, prices in China will fall even lower in the later period. After all, it is still too early to use fertilizer. This kind of bearish psychology aggravates the market's wait-and-see attitude. 2.Salt lakes and ports are eager to ship, and inventory pressure is relatively high. With the increase in the volume of border trade in mid-August, import traders’ willingness to destock will be stronger and domestic price competition will intensify. 3. Weak downstream demand On-demand procurement is a key factor in the downturn in the market.

The author believes that the potassium market will not be favorable for August, and the price of potash fertilizer will continue to decline.