Core Viewpoint - The Chinese potassium fertilizer import negotiation group has reached an agreement with a Dubai-based company on the 2025 annual import contract price, set at $346 per ton CFR, which reflects a significant increase from last year's price of $273 per ton CFR [1][2]. Group 1: Price Dynamics - The agreed contract price of $346 per ton CFR is $73 higher than last year's price and is $3 lower than the recent contract price signed by India [1]. - The current market price for potassium fertilizer in China is significantly higher than the agreed contract price, with domestic prices for 60% potassium chloride ranging from 3200 to 3250 yuan per ton [1]. - Recent trends show a general decline in potassium chloride prices in China, with a decrease of 50 yuan per ton this week [2]. Group 2: Market Context - The negotiation group, consisting of companies like Sinochem and China National Agricultural Development Group, has been active since 2005, with the highest historical price recorded in 2022 at $590 per ton [2]. - China is a major importer of potassium fertilizer, with a projected increase in import volume for 2024, reaching 1263 million tons, up from 1157 million tons in 2023 [2]. - In contrast, India is entirely reliant on imports for its potassium fertilizer needs, having imported 3 million tons last year [2]. Group 3: Import Statistics - According to Chinese customs data, the total import volume of potassium fertilizer in April 2025 is approximately 1.22 million tons, with a year-on-year increase of 46.9% for potassium chloride [2]. - The import of sulfate potassium has also seen a significant increase, with a year-on-year growth of 211.1% [2].

今日市场消息，印度钾肥进口大合同价格确定，为349美元/吨。该价格由俄罗斯钾肥公司(BPC)与印度 化肥进口商IPL达成，发货至2025年12月份，货量为65万吨。这个价格较去年上涨70美元/吨，涨幅 25%。多位业内人士接受采访时称符合预期。 去年7月10日，印度化肥进口商IPL与国际主要供应商签订了标准氯化钾合同，价格为279美元/吨，交货 期为180天。交货期限至12月底。此前一天，中国钾肥进口谈判小组(中化、中农、中海化学)与食安供 应链有限公司(迪拜)就2024年钾肥年度进口合同价格达成一致，合同价格为273美元/吨。 中国和印度都是钾肥进口大国，两国钾肥进口大合同价格历史上也较为接近，因此该价格对中国钾肥进 口价格有参考意义。 2021—2022年钾肥年度大合同均在2月份签订，2021—2023年，钾肥大合同均由印度率先签订，2023年 和2024年大合同谈判略显艰难，最终在6—7月谈成。 业内人士表示，此前一周市场就在流传印度将签订钾肥进口大合同价格，价格为350美元/吨左右，349 元/吨的价格和预期一致。 印度钾肥完全依赖进口，是世界第四大钾肥进口国,根据联合国数据，其2021年进口325万 ...