1、 Price trend
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The comprehensive price of potassium chloride rose slightly this week. The average price of mainstream comprehensive quotation of potassium chloride this week rose from 2160.00 yuan / ton at the beginning of the week to 2175.00 yuan / ton at the end of the week, up 0.69%. Overall, the potassium chloride market rose this week, with the potassium chloride commodity index at 69.05 on January 15.
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 30 yuan / ton higher than that at the beginning of the week; the distribution quotation of Anhui Badou potassium chloride at the weekend was 2300 yuan / ton, which was temporarily stable compared with that at 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 late January, the overall trend of potassium chloride market was mainly small fluctuation. 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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