China's demand for half of potassium chloride depends on shipping market

Recently, the Antimonopoly Bureau of the Ministry of Commerce held a press conference. The director of the Anti-Monopoly Bureau Shang Ming introduced the latest progress of the anti-monopoly work of the Ministry of Commerce in 2011. Shang Ming said that China's current demand for about half of the potassium chloride depends on shipping trade and border trade imports.

When talking about Ural Open Stock Co., Ltd. (hereinafter referred to as Ukrainian Potash)'s acquisition of the Shervinit Open Stock Company (hereafter referred to as Xie Ka) case, Shang Ming said that the Ministry of Commerce has inspected the global market for potassium chloride and China's potassium chloride market. Case. Ukrainian potassium and potassium are the two largest producers of potassium chloride in the Russian Federation. The survey found that China’s dependence on the international market for potassium chloride is relatively high. Currently, about half of the demand for potassium chloride depends on seaborne trade and border trade imports, of which more than half come from Xie Ka, Wuka and its associated trading companies. .

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