1、 Price trend
The comprehensive price of potassium chloride is temporarily stable this week. This week, the average price of the mainstream comprehensive quotation of potassium chloride was 1925.00 yuan / ton, which was 13.48% lower than that of the same period last year. Overall, this week’s potassium chloride market temporarily stable, October 16, the potassium chloride commodity index was 61.11.
2、 Market analysis
| PVA 1788 (PVA BP17) |
This week, the quotation of mainstream manufacturers of potassium chloride is temporarily stable: the ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 1850 yuan / ton, which is temporarily stable compared with the beginning of the week; the quotation of Anhui Badou potassium chloride sales at the weekend is 2000 yuan / ton, which is temporarily stable compared with 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 October, 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.
| POLYVINYL ALCOHOL |