China increased imports of potassium chloride by 20%
In 1Q2021 imports of potassium chloride to China increased by about 20% to 2.59 million tons. Moreover, in March, imports of potassium chloride amounted to 1.13 million tons against 775 thousand tons in the same month of 2020.
Most of all potassium chloride was imported to China from Canada — 789 thousand tons. 696 thousand tons from Russia, 635 thousand tons from Belarus and the rest from Jordan and Israel.
China’s wheat planted area may grow this year, as the government has promised the grain production to be above 650 million tons. They have also announced their intention to expand the sown area for corn and soybeans. This, in turn, will lead to an increase in demand for potassium chloride.