Potassium chloride price rises this week (11.30-12.04)

1、 Price trend

 

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The comprehensive price of potassium chloride rose this week. This week, the average price of mainstream comprehensive quotation of potassium chloride rose from 2125.00 yuan / ton at the beginning of the week to 2160 yuan / ton at the end of the week, up 35 yuan / ton or 1.65%. Overall, potassium chloride market rose this week, and the potassium chloride commodity index on December 4 was 68.57.

 

2、 Market analysis

 

This week, the price of mainstream manufacturers of potassium chloride Rose: the factory price of Qinghai Salt Lake potassium chloride at the weekend was 2020 yuan / ton, which was 70 yuan / ton higher than that at the beginning of the week; the marketing quotation of Anhui Badou potassium chloride at weekend was 2300 yuan / ton, which was temporarily stable compared with the beginning of the week. The actual turnover of potassium chloride market this week is not good. Overall, the main contradiction in the market is that supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly on demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

 

3、 Future forecast

 

The overall trend or high consolidation of potassium chloride Market in mid early December. The market of potassium chloride is facing the pressure of three mountains, namely, the large stock in Hong Kong, the weak demand and the downward trend of international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. Potassium chloride analysts of the business club believe that the short-term potassium chloride market is mainly composed of high-level consolidation under the influence of supply and demand and raw materials.

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