According to the Commodity Market Analysis System of the Business Society, the industrial grade first class potassium nitrate in Shanxi was reported at 5375 yuan/ton at the beginning of the week, and 5425 yuan/ton at the end of the week, an increase of 0.93% and a month on month decrease of 2.25%. The current price has dropped by 7.66% year-on-year.
potassium nitrate
The domestic potassium nitrate market has risen this week. From the above chart, it can be seen that after a continuous month of decline in the potassium nitrate market, the market has bottomed out and rebounded this week. Recently, the domestic potassium chloride market has been fluctuating and rising, with reasonable cost support. Downstream procurement remains in demand, and manufacturers ship according to orders, resulting in an increase in the market. According to statistics from Business News Agency, mainstream domestic manufacturers of potassium nitrate quoted 5100-5300 yuan/ton this week (for reference only), and the prices vary depending on the procurement situation.
Recently, the prices of mainstream domestic potassium chloride manufacturers have fluctuated and increased: the prices of salt lake and Zangge potassium chloride have temporarily stabilized. The downstream market of potassium chloride has slightly increased, and downstream demand has increased, with primary demand for procurement. The circulation of potassium chloride is tight, and the supply of goods at the port has slightly increased. In the short term, the import price of domestic potassium chloride may slightly increase.
Recently, the domestic potassium chloride market has been on the rise. Currently, the price of imported 62% white potassium is mostly between 2930-2980 yuan/ton, and downstream purchases are still in demand. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see.
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