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China's domestic potash market is flat, with Qinghai Salt Lake and Zangge holding 60% potassium chloride at 1,820 yuan per tonne. Port potassium chloride inventory reached 3.36 million tonnes, and the export price of granular material fell to about 1,870 yuan.
Heavy port stocks and weak summer downstream buying keep Chinese potash demand subdued, which pressures import prices. Buyers should expect little near-term support from China.
echemi.comJul 31, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
