1、 Price trend

The composite price of potassium chloride fell this week. The average price of the mainstream comprehensive quotation of potassium chloride this week dropped from 2175.00 yuan / ton at the beginning of the week to 2140.00 yuan / ton at the end of the week, down 1.61%. Overall, the potassium chloride market fell this week, with the potassium chloride commodity index at 67.94 on February 5.

2、 Market analysis

This week, the quotation of mainstream potassium chloride manufacturers fell: the ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend was 2050 yuan / ton, which was temporarily stable compared with the beginning of the week; the distribution quotation of Anhui Badou potassium chloride at the weekend was 2230 yuan / ton, which was 70 yuan / ton lower than the beginning of the week. 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 the middle of February, the overall trend of potassium chloride market may fluctuate slightly. 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.