Himfr Reports China’s Potash Fertilizer Prices in 2010 will Remain Relatively Stable
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Himfr predicts that in 2010 the basic balance between supply and demand in the
Chinese potash fertilizer market will also remained generally stable.
According to Himfr’s reports, the last two years saw the domestic potash
fertilizer market undergo big volatility. In 2008, the domestic price of
potassium chloride from a year ago,
per ton. Prices rose in response to the farmers’ reactions to domestic potash
fertilizer consumption, which shrank dramatically.
On the supply side,
expected to reach about 3.5 million tons of potassium hydroxide, which reaches
a record high, compared with 2009′s 3.207 million tons potassium hydroxide, an
increase of 9.4% or so. The volume of potash fertilizer import volume will be
about 300 million tons, or about 1.89 million tons of hydroxide. Plus the
2009 carry-over of 1.89 million tons of potassium hydroxide, means that in
2010 the total supply of potash fertilizer in
tons of potassium hydroxide. The supply and demand is basically balanced.
With regard to potash price trends in 2010, Himfr expects that in 2010,
60% potassium hydroxide of potassium chloride, the price will remain in the
remain relatively stable.
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