1、 Price trend

The comprehensive price of potassium chloride was temporarily stable this week. The average price of potassium chloride mainstream comprehensive quotation this week is 2250.00 yuan / ton. Overall, this week’s potassium chloride market temporarily stable, March 19 potassium chloride commodity index was 71.43.

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 2100 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable; Anhui Badou potassium chloride weekend distribution quotation is 2400 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 March, 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.