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As the Mid-Autumn Festival approaches, the potash market is showing signs of temporary stabilization. Currently, there is limited supply of Russian potassium in Chinese ports, with northern agricultural ports not actively shipping. Lianyungang has seen a small volume of sales at lower prices. Additionally, the flow of Russian potash through border trade in September remains modest, with most shipments expected to arrive after the holiday period. As a result, current price movements are relatively insignificant.
Looking ahead, some port operators have started to adjust their pricing strategies, with certain grades of potash now being sold at higher rates. According to recent reports, the Russian red potash is being offered at 2,000–2,050 yuan per ton, while Russian white is available at 2,050–2,100 yuan per ton, with transactions still open for negotiation. White potash is quoted between 2,030–2,050 yuan per ton, and agglomerated potash is sold at 2,000–2,010 yuan per ton. Plus white potash is offered at 2,270–2,300 yuan per ton, with some low-priced goods selling at 2,200 yuan per ton. The lowest transaction price in the port is reported at 2,260 yuan per ton. Meanwhile, increased particle potash is quoted at 2,420–2,450 yuan per ton, with negotiations ongoing.
With the end of the autumn fertilizer preparation season, the storage situation remains uncertain. Market participants are closely watching for any signs of demand recovery. However, it is currently anticipated that the potash market will continue to experience downward pressure in the near term, as supply remains stable and demand remains weak. This could lead to further price declines unless new factors emerge to support the market.