2019 is about to end. The winter market starts slowly, fertilizer market is still weak, and domestic potash market still is in a state of tepid. Downstream compound fertilizer factories gradually cover positions for raw materials. Market price enquiry phenomenon although have increased significantly, no significant improvement happened, and small orders still predominated.

Recently, the trend of potassium chloride market has gradually become stable, and the wait-and-see atmosphere in the market is still heavy. On the one hand, from the perspective of cost, the importer has been in the state of loss. Under the circumstance of poor demand, it is of little significance to continue to reduce the price.On the other hand, as the port inventory has been in the slow digestion, plus domestic potassium enterprises have entered the winter maintenance period, the later supply will be reduced.

On the whole, the main problem of the domestic potassium chloride market is the imbalance between supply and demand. Although the port inventory has been gradually decreasing, there are still a large number of goods entering the bonded area. The demand is not strong, and the international price keeps falling, so the domestic market lacks support. Thus, in the short term, the trend of domestic potassium chloride is not optimistic. Although the market is in wait and see mode, but some varieties still have a slow down trend.

In addition, as for potassium sulfate, although the market decline has weakened, downstream factories remain cautious for raw material procurement, and the market did not rebound. The main reason why the price of potassium sulfate fell to the low point is not only because of the weak demand, but also the better by-product market this year. Besides, Mannheim industry has been relatively stable, so potassium sulfate enterprises still have a certain profit. However, due to the influence of fog and haze and other factors, plus the coming Spring Festival, recently, the opening rate of potassium sulfate factories may have a downward trend in the later period. In a short time, although the potassium sulfate market has not significantly improved, the later period still needs to focus on the industry opening rate and the by-product market trend.