Potassium Chloride Price Trend Analysis, Historical Chart and Forecast

Potassium chloride is a salt made up of potassium and chlorine. It has the chemical formula KCl. It is a water-soluble white crystalline substance. It is widely utilised as a fertiliser in agriculture and in a variety of industrial applications.

It is used in the manufacturing of various compounds, including potassium hydroxide and chlorine, in addition to its use as a fertiliser. It is used in the production of animal feed and other products, as well as a salt alternative in certain dishes.

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It is also used in medicine as a supplement to treat or prevent low potassium levels in the blood (hypokalemia).

It has several significant properties, including the capacity to conduct electricity in solution, water solubility, and a low melting point. It is a good source of potassium, which is a necessary nutrient for both plants and animals. However, potassium chloride, like all chemicals, can be hazardous if handled incorrectly or in large quantities, and it should be used and stored in accordance with proper safety procedures.

The molecular weight of potassium chloride is 74.55 g/mol and its density is 1.93 g/cm3. The melting point of potassium chloride is 770 °C and its boiling point of potassium chloride is 1,420 °C.

Canada, China, Russia, Belarus, Germany, Israel, Jordan, and Chile are the leading potassium chloride-producing countries across the globe.

Key Details About the Potassium Chloride Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potassium Chloride price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Potassium Chloride Price Trend, chart, including India Potassium Chloride price, USA Potassium Chloride price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Potassium Chloride Price Trend:

Potassium chloride is a major source of potassium in fertilisers, which are used to encourage plant development and increase agricultural yields. It is widely utilised in agriculture, particularly for crops such as corn, soybeans, and wheat.

It is a raw material in the manufacture of a variety of other chemicals, including potassium hydroxide, which is used in the manufacture of detergents, soaps, and other cleaning agents.

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It is used to eliminate pollutants and enhance water quality in water treatment. It is also used to lessen the hardness of water in water-softening systems.

It is used in some meals as a salt alternative, such as low-sodium soups and broths, and in others as a flavour enhancer.

Key Players:

• Cargill
• Incorporated
• Nutrien Ltd
• JSC Belaruskali
• PotashCorp
• Jiangsu Kolod Food Ingredients Co., Ltd
• The Mosaic Company
• Sociedad Química y Minerade Chile

News and Events

• March 30, 2023: Brazil Potash will invest an unprecedented USD 2.5 billion in its Autazes potash mine to achieve a critical milestone for its coveted potash project. With the purpose of extracting and processing sylvinite to make potassium chloride, this project is estimated to produce 2.2Mt/y. The Autazes potash facility, 112 kilometers from Manaus in Amazonas state, is intended to deliver 20% of the total volume of potassium chloride used around Brazilian crops.

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