Price Trend

According to the price monitoring of business associations, the comprehensive price of potassium chloride fell slightly this week. This week, the average price of potassium chloride mainstream comprehensive quotation fell from 223.00 yuan/ton at the beginning of the week to 225.00 yuan/ton at the end of the week, down 1.84% from the same period last year. Overall, the market for potassium chloride fell slightly this week, with the commodity index of potassium chloride at 70.63 on September 27.

II. Market Analysis

This week, the main potassium chloride manufacturers quoted slightly lower: the Qinghai Salt Lake potassium chloride weekend factory quotation is 2200 yuan/ton, compared with the beginning of the week, the quotation is temporarily stable; Anhui Badou potassium chloride weekend distribution quotation is 2250 yuan/ton, compared with the beginning of the week, the quotation fell by 10 yuan/ton. This week, the actual turnover of potassium chloride market is not good. On the whole, the main contradiction in the market is that supply exceeds demand, the trading atmosphere is cold, downstream purchasing is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic market of potassium chloride is stable.

3. Future Market Forecast

Potassium chloride Market in early October overall trend or low consolidation. After the adjustment in August, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. However, the potassium chloride market is currently facing the pressure of three mountains, namely, the large stock of Hong Kong, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. Potassium chloride analysts believe that short-term potassium chloride Market in the supply and demand and raw materials and other aspects of the impact of the potassium chloride market or low consolidation.