Potassium chloride (KCl) is the most commonly used source of potash, composed of approximately 52% of potassium (“K”) and 47% of Chloride (Cl⁻), representing 60% of K₂O. In 2022, the KCl reached its highest price compared to the last years. On September 05, 2022, the average KCl CFR price delivered to the Brazilian ports was US$775, as reported by Acerto Limited, a market intelligence firm.
The table below shows the KCl price delivered to distributors in eight different states in Brazil for the last 2 weeks, in US Dollar (US$) and Brazilian Real (R$).
Table 01: Potassium Chloride bulk price delivered to distributors in the Brazilian States
Source: Acerto Limited weekly fertilizer report.
- [1] Currency exchange rate: R$1.00 = US$5.20.
- [2] Currency exchange rate: R$1.00 = US$5.13.
There are applicable logistic costs from KCl’s arrival at Brazilian ports to the distributors in each state and, after that, to the final customer. The table below shows the breakdown of KCl cost per tonne delivered to the farmer.
Table 02: Breakdown of KCl cost per tonne delivered to the farmer
Source: Acerto Limited weekly fertilizer report. Currency exchange rate: US$5.3058.
- [3] Port costs, Demurrage and Freight to the Farm calculated from Santos (SP) Port to Uberaba (MG)
- [4] Additional Freight for the Renewal of the Merchant Marine. This is an additional charge on freight levied by Brazilian and foreign shipping companies operating in Brazilian ports based on the bill of lading and the cargo manifest.
