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Chinese spring potash trading has slowed as demand winds down toward the end of April, with domestic potassium chloride well supplied and priced around 2350-2400 CNY/ton at major ports. Traders are hesitating while waiting for the market, and potassium sulphate demand is expected to weaken in late spring.
Ample domestic Chinese supply and weakening seasonal demand point to flat to softer potash prices in the near term, with limited pull on import values.
echemi.comApr 24, 2019Not 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.
