1、 Price trend
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The comprehensive price of potassium chloride was temporarily stable this week. The average price of potassium chloride mainstream comprehensive quotation this week is 2140.00 yuan / ton. Overall, this week’s potassium chloride market was temporarily stable, with the potassium chloride commodity index at 67.94 on February 19.
2、 Market analysis
This week’s quotation of potassium chloride mainstream manufacturers is temporarily stable: Qinghai Salt Lake potassium chloride weekend ex factory quotation is 2050 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable; Anhui Badou potassium chloride weekend distribution quotation is 2230 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable. The actual turnover of potassium chloride market this week is not good. On the whole, the main contradiction of 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 potassium chloride market is stable.
3、 Future forecast
In late February, the overall trend of potassium chloride market was mainly small fluctuation. The KCl market is facing the pressure of three big mountains, namely, Hong Kong’s large stock, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. KCl analysts of business society believe that under the influence of supply and demand, raw materials and other aspects of the short-term KCl market, the KCl market may be dominated by high consolidation.
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