This chart shows Potassium Chloride price assessments in USA Dollar per metric ton (USD/mt) in 7 locations, as follows:
- Potassium Chloride, US (United States): Potassium Chloride, import transaction price, cif, United States
- Potassium Chloride (granular), SAM (South America): Potassium Chloride (granular), import spot price, cfr, Brazil
- Potassium Chloride (granular), MDE (Middle East): Potassium Chloride (granular), export spot price, fob, Jordan (netback from cfr Brazil)
- Potassium Chloride, CN (China): Potassium Chloride, domestic spot price, exw, China
- Potassium Chloride, SEA (Southeast Asia): Potassium Chloride, import contract price, cfr, India
- Potassium Chloride, EUR (Europe): Potassium Chloride, domestic spot price, ddp, United Kingdom
- Potassium Chloride (granular), NEA (Northeast Asia): Potassium Chloride (granular), export spot price, fob, Russia (netback from cfr Brazil)
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Potassium Chloride.
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Potassium Chloride prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
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Potassium Chloride Price Outlook
Potassium Chloride Price Outlook. The price of Potassium Chloride (United States) decreased during May 2020 to 210 USD per metric ton, which represents a slight decline of 2% compared to the previous month’s value. On a year-over-year basis, the prices of Potassium Chloride (United States) decreased significantly by 18%. Meanwhile, the average price of Potassium Chloride (China) amounted to 260 USD per metric ton, from 343 USD per metric ton one year earlier. On a month-over-month basis, the price of Potassium Chloride (China) is 16% lower than the price one month before.
The price of Potassium Chloride (Southeast Asia) declined considerably throughout May 2020, reaching 249 USD per metric ton. The price is 11% lower than the average price in the previous month and 14% lower than the average price one year before. In contrast, the prices of Potassium Chloride (Middle East) increased modestly during May 2020, reaching 214 USD per metric ton, which means a rise of 2% from the previous month’s price and a decline of 33% from the previous year’s price.
The prices of Potassium Chloride (Europe) experienced a modest decline of 12 USD per metric ton from the prior month's price, to 322 USD per metric ton. Such price movement meant a decrease of 4% on a monthly basis and a decrease of 10% on a yearly basis. On the other hand, in May 2020, the price of Potassium Chloride (Northeast Asia) witnessed a decline of 17 USD per metric ton when compared against the previous month's price, to 220 USD per metric ton. The May 2020 price is 31% lower than the price one year before.
The average price of Potassium Chloride (South America) was 222 USD per metric ton on May 2020 – a little increase of 2 USD per metric ton, or 0.9%, compared with the previous month. On a year-over-year basis, the price of Potassium Chloride (South America) is 34% lower than the price one year before.
About Potassium Chloride
About Potassium Chloride. Potassium Chloride (a.k.a. KCl, muriate of potash (MOP)) is a mineral that occurs in many salt deposits mixed with other salt minerals. Most of the world production comes from mining, but a small percentage is obtained via evaporation of natural brines. Mining methods derived from traditional coal mining are usually employed, but for depths over 1100 m or when in presence of geological anomalies, solution mining is often required. Once the mineral is obtained a series of processing steps are required to remove impurities, such as sodium chloride.
The biggest market for potassium chloride is fertilizers, where this compound is used directly in the formulation of agricultural additives or as a source of potassium for the production of other potassium fertilizers, such as nitrates and sulphates. On a smaller scale, KCl is used as a precursor to potassium hydroxide, an important alkali and substitute for sodium hydroxide in various industrial applications.
Potassium Chloride Handling. Potash fertilizers demand large storage capacities. The majority of potash fertilizer is transported in bulk in self-discharging wagons with a capacity up to 100 t, by rail, truck, or inland waterway. A small proportion of potash salts is supplied in sacks, usually containing 50 kg. Potassium chloride's storage should be away from reducing agent and combustible substances as it accelerates the burning of those substances, resulting in explosion and release of toxic oxides of nitrogen. Potassium chloride is shipped in 25kg bags and 1,000kg super sacks, and is available in bulk format as well. It is nor regulated for transportation.
Potassium Chloride Production. Raw materials and the respective production processes employed in the manufacturing of Potassium Chloride are listed below.
- Potash ore (hot leaching process),
- Potash ore (flotation)
Potassium Chloride Uses. The uses and applications of Potassium Chloride may vary according to its specification. The main forms of Potassium Chloride are granular (60% min. potash, 1.2-3.5 mm), coarse (60% min. potash, 0.8-1.2 mm), standard (60% min. potash, 0.2-0.8 mm), and chemical grade (>99.9wt%).