Home » [Opportunity mining]Domestic potassium chloride prices continue to rise sharply, institutions predict that the business cycle of potash fertilizer may exceed expectations_Oriental Fortune Network

[Opportunity mining]Domestic potassium chloride prices continue to rise sharply, institutions predict that the business cycle of potash fertilizer may exceed expectations_Oriental Fortune Network

by admin
[Opportunity mining]Domestic potassium chloride prices continue to rise sharply, institutions predict that the business cycle of potash fertilizer may exceed expectations_Oriental Fortune Network

Baichuan information data shows that since March this year, as the main variety of potash fertilizer, the domestic price of potassium chloride has reached 4,200 yuan / ton, an increase of 3.53% compared with last week’s price, a monthly increase of 20.86%, an increase of more than 106% compared with the same period last year.

It is understood that potassium is a scarce resource in my country. my country’s annual demand for potash fertilizer is about 17 million tons, more than 50% of which needs to be imported. In addition, the domestic independent supply of potash fertilizer has continued to decline in recent years, further increasing the dependence on foreign imports.

  CITIC SecuritiesIt is pointed out that Russia plans to stop the export of chemical fertilizers to foreign countries, and the superimposed white potash fertilizer is sanctioned. About 30% of the world’s potash fertilizer supply is full of uncertainty. It is expected that the supply tension will increase, and a new round of potash fertilizer prices may start. With reference to history, the boom cycle of potash fertilizer is generally 2-3 years. It is believed that the upward cycle of this round of potash fertilizer (starting in 2021) is not the same as that of 2011-2013. 1. The cycle of this round of potash fertilizer has been biased towards the supply side. The last round of potash fertilizer is still in the period of rapid production expansion. From 2022 to 2024, the global potash fertilizer increase is mainly concentrated in the former Soviet Union, which may be slowed down due to the impact of sanctions; 2. The performance of food prices is expected to exceed expectations. With the frequent occurrence of extreme natural disasters and extreme natural disasters, the global prices of wheat and corn may continue until 2023, while the last round of grain prices has gradually dropped in 2012; 3. The price control of potash fertilizer, after the disintegration of the BPC alliance in 2013, the global Potash fertilizer has entered the stage of “share priority”. At present, under the deployment of oligarchs, it is expected that the global potash fertilizer will still return to “price priority”. Therefore, it is expected that the current round of potash fertilizer business cycle may exceed expectations and is expected to continue to 2023 or later.Key recommendation of domestic potash fertilizer faucetSalt Lake Sharesmillion tons of potash fertilizer production is imminentPotassium InternationalAnd actively promote the construction of potash fertilizer production capacityOriental Tower.Recommended to followZangge MiningandGuannong shares

See also  Repaying 200,000 in advance will save 170,000 in interest?Shorter queue times in Shanghai

(Article Source:securitiesTimes Network)


Article source: Securities Times Network

Responsible editor: 43

Original title:[Opportunity mining]The domestic potassium chloride price continues to rise sharply, and the agency predicts that the business cycle of potash fertilizer may exceed expectations

Solemnly declare: Oriental Fortune.com releases this information for the purpose of disseminating more information and has nothing to do with the position of this site.

report

Share to WeChat Moments

Open WeChat,

Click “Discover” at the bottom

Use “Sweep”

You can share the webpage to the circle of friends

Scan the QR code to follow

Oriental Fortune official website WeChat

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy