1、 Price trend

The composite price of potassium chloride fell slightly this week. The average price of potassium chloride mainstream comprehensive quotation this week dropped from 1850.00 yuan / ton at the beginning of the week to 1835.00 yuan / ton at the end of the week, a decrease of 0.81%, and a year-on-year decrease of 21.91% compared with the same period last year. Overall, the market of potassium chloride fell slightly this week, and the commodity index of potassium chloride on July 17 was 58.25.

2、 Market analysis

This week, the quotations of mainstream manufacturers of potassium chloride dropped slightly: the ex factory offer of Qinghai Salt Lake potassium chloride at the weekend was 1820 yuan / ton, which was temporarily stable compared with the beginning of the week; the marketing quotation of Anhui Badou potassium chloride at the weekend was 1850 yuan / ton, which was 30 yuan / ton lower 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 late July, 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.