钾肥进口大合同保持全球价格洼地

Core Viewpoint - The domestic potassium fertilizer prices in China are expected to remain stable, influenced by international market conditions and supply-demand dynamics [2][3]. Group 1: Price Agreements and Trends - The China potassium fertilizer import negotiation group has reached an agreement with a Dubai-based company for the 2025 import contract price at $346 per ton, which is an increase of $73 per ton compared to last year's $273 per ton CFR price [2]. - The new contract price is $3 per ton lower than the recent large contract signed by India, indicating that China continues to maintain a competitive position in the global potassium fertilizer market [2]. - International potassium fertilizer prices have been rising due to reduced production in Russia and Belarus, leading to a tight global supply [2]. Group 2: Market Outlook - Industry experts predict that the signing of the large contract will support high international prices, while domestic supply and demand remain weak, leading to a stable market with narrow fluctuations [2]. - The Secretary-General of the China Inorganic Salt Industry Association's Potassium Salt and Fertilizer Branch noted that the overall tight supply and gradual price increase in the international potassium fertilizer market align with market expectations [2]. - The execution of new contracts is expected to ensure supply for the second half of this year and the spring of next year, playing a crucial role in supporting agricultural production and national food security [3].