Potassium chloride appears to be a white crystalline chemical compound made up of ions- potassium and chloride that has a salty flavour and no smell.
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It has a melting and boiling point of 776°C and 1420°C, respectively. It has a solubility of 34 grams per 100 millilitres in water at 20°C. It is widely used as a source of potassium in fertilisers and for making other chemicals and medications.
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, 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 has wide applications as a fertiliser due to it being a vital mineral that facilitates plant growth. Hence, the rapidly growing food demand as a result of the growing population is also boosting the demand for the mineral. In addition to being a fertiliser ingredient, it is also used for making compounds like potassium hydroxide, potassium carbonate, and potassium bicarbonate, which are employed in a wide spectrum of end-users.
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As it has almost the same flavour as salt but without as much sodium content, it is replaced as a salt substitute in processed food products. This substitution of salt also receives a further push by consumers who are health conscious and levitate towards healthier food options. As a medicine, it works as a supplement in treating and preventing potassium deficiency which in turn boosts the market expansion.
Key Players:
- Cargill, Incorporated
- Nutrien Ltd.
- JSC Belaruskali.
- PotashCorp.
- Jiangsu Kolod Food Ingredients Co.
- The Mosaic Company
- Sociedad Química y Minerade Chile (SQM)
News & Recent Development
- 28 July 2022- The prices for Potassium Chloride (KCl) are increasingly rising on an international scale, but the prices barely displayed any resurgence in the USA.
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