Tight supply and demand, strong economy, potassium fertilizer leader accelerates overseas layout.

Against the background of the continuous improvement of the global food security strategy, potassium fertilizer, as a key element of agricultural production, has a tight market supply and demand pattern, and prices have been steadily rising this year. During the interview, it was learned that the potassium fertilizer market is currently tight in spot supply, and prices are generally trending upwards. "Currently, the production and sales of potassium fertilizer are still relatively good, with the selling price of potassium fertilizer fluctuating around 3000 yuan/ton, and the company has almost no inventory," the person in charge of a potassium fertilizer production company in Qinghai told reporters. Overall, prices of potassium fertilizer have risen significantly since the average price of 2300 yuan/ton in 2024, and have remained relatively stable. Guosen Securities stated in its latest research report that, in terms of potassium fertilizer supply, there is no new capacity added this year; from 2026 to 2027, only new international potassium capacity will be released by Asia Potash, and BHP Billiton's Jansen potassium mine Phase 1 project has been delayed until after the end of 2027, with a 30% increase in capital expenditure. It is optimistic about the high prosperity of the industry in the next 2 to 3 years.