1、 Price trend
The comprehensive price of potassium chloride rose this week. The average price of mainstream comprehensive quotation of potassium chloride this week rose from 2140.00 yuan / ton at the beginning of the week to 2155.00 yuan / ton at the end of the week, an increase of 0.70%. Overall, the potassium chloride market rose this week, with the potassium chloride commodity index at 68.41 on February 26.
2、 Market analysis
This week, the quotation of mainstream potassium chloride manufacturers Rose: 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 2260 yuan / ton, which was increased by 30 yuan / ton compared with 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 first ten days of 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.
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