According to the Commodity Market Analysis System of the Business Society, at the beginning of the week, the average ex factory tax price of Shanxi’s light potassium carbonate was 8520.00 yuan/ton. On the weekend, the average ex factory tax price of Shanxi’s light potassium carbonate was 8480.00 yuan/ton, a decrease of 0.47%. The current price has decreased by 4.29% month on month, and the current price has decreased by 10.74% year-on-year.
Potassium carbonate
Potassium carbonate prices have fallen this week. From the above chart, it can be seen that the recent decline in the potassium carbonate market has been the main trend, and the market has continued to decline slightly this week. The price of potassium chloride market continued to fall, the cost support was poor, the traders’ inventory was high, the transactions in the potassium carbonate market were light, and the market of potassium carbonate fell. According to statistics from Business Society, the mainstream factory quotation range for industrial grade potassium carbonate in China this week is around 8200-8500 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.
Recently, there has been insufficient demand in the international potassium chloride market, and prices have shown a downward trend. The domestic spot market for potassium chloride has average trading volume, and the price of potassium chloride has slightly fluctuated and decreased. It is expected that the potassium chloride market will consolidate at a high level in the future.
Recently, there has been a large supply of potassium chloride, and the market has been declining, with poor cost support. Downstream purchases remain in demand, and it is expected that the price of potassium carbonate will mainly decline in the short term. The long-term market still needs to wait and see.
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