Belarus is the third largest producer of potash fertilizer in the world and an important exporter of potash fertilizer. According to USDA statistics, the output of potash salt in Belarus in 2021 was about 8 million tons of K2O, accounting for 17.4% of the total global output of potash salt. On February 25, EU leaders held a special summit to hold urgent consultations on the situation in Ukraine and demanded that personal and economic sanctions be targeted at Belarus.
Potassium is one of the three essential nutrient elements for crop growth. Almost every crop needs an appropriate amount of potassium fertilizer. According to Baichuan information monitoring, due to tight supply, as of February 21, the average market price of potassium chloride in China was reported at 3475 yuan / ton, up 70.85% year-on-year. At present, it is still in an upward trend. Analysts said that due to the suspension of the circulation of potash fertilizer goods due to the sanctions imposed by the European Union and the United States, Belarus is expected to further aggravate the tense situation of potash fertilizer supply and demand, and the high bearing of potash fertilizer is expected to be maintained in 2022.
According to the theme database of financial Associated Press, among the relevant listed companies:
At present, the project is in the stage of commissioning with a capacity of at least 23.46 million {- 5.63} tons of potash fertilizer by the end of the year, and is expected to be in the stage of commissioning with a capacity of at least 23.46 million {- 5.63 million} tons.
Qingdao East Steel Tower Stock Co.Ltd(002545) the existing capacity of potassium chloride in Kaiyuan, Laos is 500000 tons / year. The production expansion project being implemented by the company is the first phase of 1.5 million tons (500000 tons). After the first phase is completed, the production capacity will be increased to 1 million tons.
