Salt Lake Shares: The current potash fertilizer market is influenced by multiple factors, with prices showing a trend of easy to rise but difficult to fall.

Recently, Salt Lake Co., Ltd. (000792.SZ) stated during a conference call that the current potash fertilizer market is influenced by multiple factors such as global supply chain fluctuations, geopolitical issues, and seasonal agricultural demand changes, showing a trend of prices being easy to rise but difficult to fall. From the supply side, the capacity release in major potash-producing regions remains limited by resource endowments and transportation conditions, combined with low port inventories, and supply chain uncertainties caused by conflicts in the Middle East, resulting in an overall tight supply balance; from the demand side, spring plowing preparations and the optimization of domestic agricultural planting structures are driving the rigid demand for potash fertilizer. Although prices of potassium chloride fluctuate due to international market volatility, domestic supply and demand, and transportation costs, the company has maintained stable market supply and reasonable price fluctuations through continuous optimization of production and inventory management, providing strong support for the sustainable development of agriculture and industry.

The company’s potassium chloride products cover multiple scenarios in agriculture and chemical industries, maintaining their core revenue pillar position. By 2025, sales revenue from potassium hydroxide and potassium carbonate will account for 8.9% and 2.5% of the company’s total revenue, respectively. These products further enrich the company’s potash product line, enhance overall competitiveness, and effectively improve the company’s risk resistance.