Price Trend
Market Analysis of Potassium Carbonate Products
(Photo Source: Business Association Commodity Analysis System)
According to the data monitored by business associations, the price of potassium carbonate has been running weakly this week. The overall price has not changed much, falling by about 50 yuan/ton, or 0.38%. As of July 5, the average tax-bearing price of domestic light potassium carbonate mainstream manufacturers was 6,600 yuan/ton, and the market has declined.
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II. Analysis of Influencing Factors
Products: This week, the market of potassium carbonate is not warm, the trading atmosphere is cold, while downstream purchasing is just in demand, resulting in the weak price of potassium nitrate. During the overhaul period of the plant, the start-up rate is at a low level, the purchasing market momentum at a low inventory level is general, and the weak quotation operation is the main factor. According to the statistics of business associations: on July 5, the quotation range of domestic industrial potassium carbonate mainstream factory is about 6450-6700 yuan/ton (quotation only for reference). The quotation varies according to the purchasing situation.
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3. Future Market Forecast
Potassium carbonate analysts believe that in the short term, the price of potassium carbonate is dominated by weak consolidation, while in the long run, the market still needs to wait and see, mainly affected by demand-side dominance.