The demand for potash fertilizer in Indonesia is very strong. The transaction price of bagged potash fertilizer on the market is 385 to 390 US dollars for the port bulk cargo CIF, providing dealers with a profit margin. The situation in the Malaysian market is still unclear, but already buyers have begun to consider the current price level, and it is possible that purchases will start later. BPC made a batch of orders in Malaysia and Indonesia respectively. The first shipment of 25,000 tons of standard potassium chloride will arrive in late August and early September. The first batch of 30,000 tons will arrive in Hong Kong in September. It is reported that the transaction price is about 380 US dollars. In the Vietnam market, the previous standard specification of potassium chloride below $380 for potassium chloride has ceased to exist. At present, Vietnam still focuses on digesting stocks. When inventory reaches a reasonable range, it will be purchased again. It is expected that the price of potassium chloride will increase by that time. APC shipped 5,000 to 10,000 tons of standard and large-particle potassium chloride to South Africa in August. It is reported that the transaction price is close to the CIF transaction's CIF price of 380 to 400 US dollars. ICL is still talking about new orders. It is estimated that Brazil's imports of potassium chloride will reach 5.7 million to 5.8 million tons this year, and from January to July it has already imported 3.2 million tons. BPC has shipped 6 batches of large-particle potassium chloride to Brazil in August, each batch amounting to 30,000 tons, and it is expected to be shipped in September. The supplier has not yet started to sell October potash, and it is rumored that the supplier intends to increase the price. The latest statistics show that in July, potassium chloride stocks in North America continued to fall by 174,000 tons. According to the Canadian potash company, North American stocks of potassium chloride at the end of June are still 11% higher than the average level in the past five years.
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