German Potash Company increased the price of large-grain potassium chloride and potassium by 12 euros on September 15th. This price is immediately executed. It also states that the price will be executed before the next price announcement, that is, the price in the third quarter It is possible to adjust. However, due to the large number of orders that have been signed in September, German potash is expected to be executed in October. In addition, due to the recent fluctuations in the exchange rate of the Euro against the U.S. dollar, for example, 375 U.S. dollars and 513 U.S. dollars today, tomorrow we can reach 540 U.S. The exchange rate may change again after two weeks. With such a change in the exchange rate, the price of potassium chloride and potassium in the United States is still not certain.
The price of bulk large-particle potassium chloride rose from the previous transaction of CIF 363 to the CIF price of 375 euros, or 12 euros; the price of large-grained **potassium rose from the previous 453 euros to 465 euros, up 12 euros. Potash Corp of Germany plans to adjust the standard specifications of potassium chloride and potassium in the fourth quarter to this price level. Later this month, it will negotiate potash fertilizer prices with ternary fertilizer manufacturers.
Another noteworthy news last week was that Southeast Asia had reached its first batch of potash fertilizer transactions after the price increase. The transaction price of potassium chloride CIF was US$535 and the large-grain potassium chloride CPF price was US$550. Last week, IPC also announced the sale of 25,000 tons of standard potassium chloride and large-particle potassium chloride shipped from October to November at this price level. At the same time, the North American Potash Sales Coalition also stated that it basically reached a 25,000 tonne standard potassium chloride shipment in the fourth quarter with Asian buyers at a CIF price of US$535, which was a US$25 increase from the previous US$510. These new deals surprised market players.
In the United States, GSL also announced that from October 1st, it will increase the price of all ** potassium by 30 US dollars per short ton.
The price of bulk large-particle potassium chloride rose from the previous transaction of CIF 363 to the CIF price of 375 euros, or 12 euros; the price of large-grained **potassium rose from the previous 453 euros to 465 euros, up 12 euros. Potash Corp of Germany plans to adjust the standard specifications of potassium chloride and potassium in the fourth quarter to this price level. Later this month, it will negotiate potash fertilizer prices with ternary fertilizer manufacturers.
Another noteworthy news last week was that Southeast Asia had reached its first batch of potash fertilizer transactions after the price increase. The transaction price of potassium chloride CIF was US$535 and the large-grain potassium chloride CPF price was US$550. Last week, IPC also announced the sale of 25,000 tons of standard potassium chloride and large-particle potassium chloride shipped from October to November at this price level. At the same time, the North American Potash Sales Coalition also stated that it basically reached a 25,000 tonne standard potassium chloride shipment in the fourth quarter with Asian buyers at a CIF price of US$535, which was a US$25 increase from the previous US$510. These new deals surprised market players.
In the United States, GSL also announced that from October 1st, it will increase the price of all ** potassium by 30 US dollars per short ton.
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