Core Insights - The performance meeting of Cangge Mining highlighted that China's potassium chloride consumption is expected to show a trend of rising and then falling from January to June 2025, peaking at 1.71 million tons in March before returning to 1.3 million tons in June [1] Industry Summary - In the first half of 2025, the total domestic production of potassium chloride is approximately 2.55 million tons, representing a year-on-year decrease of 9.49% [1] - The import dependency for potassium fertilizer exceeds 70%, indicating a high reliance on foreign sources for potassium fertilizer [1] - The upcoming autumn and winter fertilization season is anticipated to further stimulate demand in the potassium fertilizer market [1]