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SunSirs:The Price of Potassium Chloride Remained Stable This Week (8.26-8.30)

September 02 2019 09:43:34     SunSirs (John)

  1.the price trendAccording to the price monitoring of SunSirs, the comprehensive price of potassium chloride was temporarily stabilized this week. The average price of mainstream potassium chloride this week was¥2265.00 / ton, up 0.67% year-on-year. Overall, the market for potassium chloride was temporarily stabilized this week, and the commodity index for potassium chloride on August 30 was 71.90.

  2.Market analysisThis week, the quotations of the main potassium chloride manufacturers are temporarily stable: The potassium chloride weekend ex-factory quotation of Qinghai Salt Lake is¥2250/ton, compared with the beginning of the week, the quotation is temporarily stable; The potassium chloride weekend distribution quotation of Anhui Badou is¥2280 /ton, the quotation is temporarily stable. This week, the actual turnover of potassium chloride market is not good. On the whole, the main contradiction in 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 market of potassium chloride is stable.

  3. Market outlookThe overall trend of Potassium chloride Market in early September is low consolidation. After the adjustment in August, the funds returned by the factories were in good condition, the equipment was overhauled, and the production capacity increased. However, the market for potassium chloride is currently facing the oppression of three mountains, namely, large deposits, weak demand and falling international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. KCl analysts from SunSirs believe that the short-term potassium chloride market is dominated by supply and demand and raw materials, and the potassium chloride market is dominated by low-level consolidation.

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