# Potash Prices Kept Increasing to the Highest Level in Recent Years, Influencing the Purchasing Demand from Downstream Companies  - Analysis and Viewpoints of China Agriculture  - CnAgri-China Agriculture Consultant

> Domestic Chinese potash prices have kept rising over the past year and recently reached their highest level in several years. Potash stocks at main ports fell to 1.5 million tonnes, the lowest for the same period in three years, while producer inventories are low. Downstream NPK producers are holding back purchases and waiting to see where prices go.

- Date: 2018-11-29 · published 2018-11-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/62367-potash-prices-kept-increasing-to-the-highest-level-in-recent-years-influencing
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Tight Chinese port stocks and low producer inventories support higher potash prices, while downstream NPK buyers' reluctance to restock may slow near-term demand. Rigid NPK demand is expected to bring purchasing back over time.

## Read by commodity

- POTASH: bullish ▲

## Sources

- en.cnagri.com: http://en.cnagri.com/news/insight/20181129/299696.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.