Potassium chloride price December 2024 and outlook (see chart below)
- Global:US$0.29/KG, unchanged
- North America:US$0.28/KG, unchanged
- Europe:US$0.36/KG, unchanged
- Northeast Asia:US$0.38/KG, 2.7% up
- South America:US$0.27/KG, unchanged
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Further information on the Potassium chloride price index
Here is some further information
What is Potassium chloride
Potassium chloride is a chemical compound that is composed of potassium and chlorine. It is a white, crystalline solid that is highly soluble in water and has a salty taste. Potassium chloride is an important chemical that is used in a wide range of applications.
How is Potassium chloride produced
There are several methods for producing potassium chloride, including:
Mining
Potassium chloride can be extracted from natural deposits of minerals, such as sylvinite and langbeinite. These minerals are mined using conventional mining techniques, such as open-pit mining and underground mining. The ore is then crushed, ground, and purified to produce potassium chloride.
Electrolysis
Potassium chloride can be produced by electrolyzing potassium chloride solution, also known as brine. Brine is a concentrated solution of potassium chloride and other minerals that is obtained from natural deposits or by purifying seawater. The brine is electrolyzed using an electrolytic cell, which separates the potassium ions from the chlorine ions. The potassium ions are then precipitated as potassium chloride crystals, while the chlorine ions are released as chlorine gas.
Thermal decomposition
Potassium chloride can also be produced by thermal decomposition of potassium chloride compounds, such as potassium hydroxide and potassium carbonate. These compounds are heated to high temperatures in a furnace, which decomposes them into potassium chloride and other products.
Overall, potassium chloride is produced through a variety of methods, including mining, electrolysis, and thermal decomposition. The method used to produce potassium chloride depends on the availability of raw materials and the desired purity of the final product.
What is Potassium chloride used for
Some common uses of potassium chloride include:
Fertilizers
Potassium chloride is used as a fertilizer to provide plants with the essential nutrient potassium. It is used in the production of a wide range of fertilizers, including liquid fertilizers, granular fertilizers, and slow-release fertilizers.
Medicine
Potassium chloride is used in medicine as an electrolyte to treat potassium deficiency and to balance the levels of potassium in the body. It is also used as a component of intravenous fluids to treat dehydration and to prevent or treat low levels of potassium in the blood.
Industrial uses
Potassium chloride is used in the production of a wide range of chemicals, including potassium hydroxide, potassium carbonate, and potassium soap. It is also used as a food additive to add flavor and as a substitute for salt in some food products.
Other uses
Potassium chloride is also used in a variety of other applications, including water treatment, the production of dyes and pigments, and the production of animal feed.
Overall, potassium chloride is an important chemical that has a wide range of uses in various industries. It is an essential nutrient that is used in a variety of applications due to its ability to provide plants with the essential nutrient potassium and to balance the levels of potassium in the body.
Further reading
- Wikipedia for general, history, production and usage information
- PubChem for chemistry and property information
Potassium chloride market information
It is difficult to accurately estimate the size of the global potassium chloride market as it depends on various factors such as demand for potassium chloride in different industries and regions. However, potassium chloride is an important chemical that is used in a wide range of applications, and the demand for it is likely to continue to grow in the coming years.
According to https://oec.world/ :
Potassium chloride, in packs >10 kg are the world’s 208th most traded product.
In 2020, the top exporters of Potassium chloride, in packs >10kg were Canada ($4.81B), Belarus ($2.41B), Russia ($1.93B), Germany ($890M), and United States ($775M).
In 2020, the top importers of Potassium chloride, in packs >10 kg were Brazil ($2.38B), United States ($2.38B), China ($1.68B), India ($1.19B), and Indonesia ($639M).
This post is a summary of the Potassium chloride price developments. The price developments of Potassium chloride are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Potassium chloride price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Potassium chloride prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Potassium chloride prices
- Recent price developments of underlying feedstocks which drive the price of Potassium chloride
- Market futures for both cost drives and feedstocks of Potassium chloride prices
- Adjustment of current supply/demand imbalances in the Potassium chloride market
- Longer term trends in likely demand conditions
Potassium chloride price index
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.
Further information on the Potassium chloride price index
Here is some further information
What is Potassium chloride
Potassium chloride is a chemical compound that is composed of potassium and chlorine. It is a white, crystalline solid that is highly soluble in water and has a salty taste. Potassium chloride is an important chemical that is used in a wide range of applications.
How is Potassium chloride produced
There are several methods for producing potassium chloride, including:
Mining
Potassium chloride can be extracted from natural deposits of minerals, such as sylvinite and langbeinite. These minerals are mined using conventional mining techniques, such as open-pit mining and underground mining. The ore is then crushed, ground, and purified to produce potassium chloride.
Electrolysis
Potassium chloride can be produced by electrolyzing potassium chloride solution, also known as brine. Brine is a concentrated solution of potassium chloride and other minerals that is obtained from natural deposits or by purifying seawater. The brine is electrolyzed using an electrolytic cell, which separates the potassium ions from the chlorine ions. The potassium ions are then precipitated as potassium chloride crystals, while the chlorine ions are released as chlorine gas.
Thermal decomposition
Potassium chloride can also be produced by thermal decomposition of potassium chloride compounds, such as potassium hydroxide and potassium carbonate. These compounds are heated to high temperatures in a furnace, which decomposes them into potassium chloride and other products.
Overall, potassium chloride is produced through a variety of methods, including mining, electrolysis, and thermal decomposition. The method used to produce potassium chloride depends on the availability of raw materials and the desired purity of the final product.
What is Potassium chloride used for
Some common uses of potassium chloride include:
Fertilizers
Potassium chloride is used as a fertilizer to provide plants with the essential nutrient potassium. It is used in the production of a wide range of fertilizers, including liquid fertilizers, granular fertilizers, and slow-release fertilizers.
Medicine
Potassium chloride is used in medicine as an electrolyte to treat potassium deficiency and to balance the levels of potassium in the body. It is also used as a component of intravenous fluids to treat dehydration and to prevent or treat low levels of potassium in the blood.
Industrial uses
Potassium chloride is used in the production of a wide range of chemicals, including potassium hydroxide, potassium carbonate, and potassium soap. It is also used as a food additive to add flavor and as a substitute for salt in some food products.
Other uses
Potassium chloride is also used in a variety of other applications, including water treatment, the production of dyes and pigments, and the production of animal feed.
Overall, potassium chloride is an important chemical that has a wide range of uses in various industries. It is an essential nutrient that is used in a variety of applications due to its ability to provide plants with the essential nutrient potassium and to balance the levels of potassium in the body.
Further reading
- Wikipedia for general, history, production and usage information
- PubChem for chemistry and property information
Potassium chloride market information
It is difficult to accurately estimate the size of the global potassium chloride market as it depends on various factors such as demand for potassium chloride in different industries and regions. However, potassium chloride is an important chemical that is used in a wide range of applications, and the demand for it is likely to continue to grow in the coming years.
According to https://oec.world/ :
Potassium chloride, in packs >10 kg are the world’s 208th most traded product.
In 2020, the top exporters of Potassium chloride, in packs >10kg were Canada ($4.81B), Belarus ($2.41B), Russia ($1.93B), Germany ($890M), and United States ($775M).
In 2020, the top importers of Potassium chloride, in packs >10 kg were Brazil ($2.38B), United States ($2.38B), China ($1.68B), India ($1.19B), and Indonesia ($639M).
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