The exchange rate is broken, and what is the impact of the potash market?

Yesterday morning, both the offshore and onshore RMB exchange rates against the US dollar fell below the 7 mark. The exchange rate broke 7, and the deserted potash market had some movements. Some people began to forward and comment. Some people in the industry have suggested that the export of potassium sulphate should benefit to a certain extent; others say that the devaluation is also equivalent to the rising import cost of potassium chloride, which can also be seen as a positive support; there is also a view that simple exchange rate changes There is no absolute impact on the current price of potassium chloride and the subsequent trend.

  In fact, the large contract of potassium chloride is still uncertain, and the exchange rate itself has not stabilized. We should first pay attention to the current market situation. At this stage, the domestic potassium chloride market continues to be weak. In terms of domestically produced potassium, the price of Qinghai Salt Lake Group has been stable. The benchmark product 60% powdered potassium chloride has a price of 2,350 yuan (ton price, the same below), the buyout price is 2,250 yuan, and the task rebate is 20 yuan. The actual transaction price of 60% crystal salt in various salt lakes is 2150~2200 yuan. The domestically produced potassium chloride market in Sichuan is stable, and the price of 60% crystal salt in Salt Lake is about 2,200 yuan. The Salt Lake Group has no clear information on whether to adjust the August sales policy. Due to the general output and the pre-digestive inventory, the current operating rate of small factories in Qinghai is generally not high, and the quotation is stable. The reference price of 57% is about 1,700 yuan.

  Imported potassium ports have more stocks, showing a trend of oversupply. The turnover price of 62% white potassium is about 2230~2250 yuan, and the transaction price of large particles is 2270~2300 yuan. The market for potassium chloride in the two regions is stable, and demand is insufficient to follow up. Shipment difficulties: 62% of the white port price of port imports is 2250~2280 yuan, and the mainstream price of large grain potash is 2300 yuan. There are more stocks of potassium chloride ports in Shandong and Jiangsu. The contradiction between supply and demand in the market is prominent. The transaction is weak: the import price of 62% white potassium is 2200~2250 yuan, and the mainstream price of large granular potash is 2250~2300 yuan. There were no new goods in the border trade area, and there was still no news of ordering in August.

  At present, the domestic potassium chloride market is light, the contradiction between supply and demand is prominent, and the market is relatively negative. The industry believes that under the support of the current situation, the contradiction between supply and demand in the domestic potassium chloride market is not diminished, and the attitude of the manufacturers is pessimistic. It is expected that in the short term, the market for potassium chloride will not be able to improve, and it will remain weak and stable.

The domestic market price of potassium sulphate is firm and non-fluctuating. The operating rate of Mannheim potassium sulphate manufacturers has dropped, maintaining at around 60%, and many enterprises are in an unstocked state. Mannheim 50% powder mainstream factory price 2850~2950 yuan, 52% powder / pellet factory price 3000~3050 yuan. Due to the low inventory of production enterprises, the active purchase of compound fertilizer enterprises, and the continuous price of tobacco bidding, the market quotation performance is firm. At present, the market price of 52% powder of Guotou Luopotao is 2700~2750 yuan.

There is news in the industry that the national investment Luo K is intended to increase the market price, but there is no exact news yet. Overall, the domestic potassium sulphate market has less stocks, and the goods are relatively smooth, and the company has no sales pressure. It is expected that the potassium sulfate market will not undergo major adjustments in the near future.