Zhong Guo Hua Gong Bao·2025-07-21 02:13Core Viewpoint - The recent rise in potash fertilizer prices is attributed to speculative trading rather than actual supply and demand fundamentals, leading to a significant deviation from reasonable price levels [2][3] Group 1: Industry Initiatives - Seven major potash fertilizer companies have issued a joint initiative to increase supply and reduce prices to restore reasonable market levels [2] - The initiative emphasizes that the current period is not a peak demand season for agriculture, and the domestic supply of potash fertilizer is relatively sufficient [2][3] Group 2: Market Dynamics - The potash fertilizer market is expected to see a significant increase in import volumes, ensuring adequate agricultural fertilizer demand [2] - The industry is urged to resist malicious speculation, maintain market order, and stabilize expectations to facilitate a return to reasonable pricing [3] Group 3: Future Outlook - The supply of foreign potash fertilizer is anticipated to recover in 2024, with overall trade demand expected to rise, while domestic supply and demand remain robust [3] - Despite challenges such as geopolitical tensions and supply chain restructuring, domestic potash fertilizer companies are committed to stabilizing production and meeting government supply and price stability targets [3]