1、 Price trend

The comprehensive price of potassium chloride rose this week. This week, the average price of mainstream comprehensive quotation of potassium chloride increased by 6.41% from 1950.00 yuan / ton at the beginning of the week to 2075.00 yuan / ton at the end of the week. Overall, the market of potassium chloride rose this week, and the commodity index of potassium chloride on November 6 was 65.87.

2、 Market analysis

This week, the mainstream manufacturers’ quotation of potassium chloride rose slightly: the ex factory offer of Qinghai Salt Lake potassium chloride was 1950 yuan / ton at the weekend, which was 100 yuan / ton higher than that at the beginning of the week; the marketing quotation of Anhui Badou potassium chloride at the weekend was 2200 yuan / ton, which was 150 yuan / ton higher than that at 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

In mid November, the overall trend of potassium chloride market or low consolidation. 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 low consolidation under the influence of supply and demand and raw materials.