Potassium Chloride Prices Trend and Forecast

Description

During the third quarter of 2022, the Potassium Chloride Prices fell in the North American market. The desolate trade environment in the regional market caused downstream procurement to decrease. The inventories surged as consumption decreased during the middle of the quarter. Supply chain issues remained a cause of concern, as shown by the American chemistry council report. Market sentiments normalized resulted towards the second half of the quarter and culminated in stable pricing dynamics. Sluggish buying sentiments and rising inflationary pressure in the USA affected the market sentiments during the quarter. Thus, as of September 2022, Potassium Chloride prices were assessed at USD 552 per MT on a FOB basis.

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