Weak consolidation of potassium nitrate market this week (01.06-01.10)

1、 Price trend

 
According to the data monitored by the business association, the price of domestic potassium nitrate was weak and consolidated this week. This week, the price of domestic industrial grade first-class potassium nitrate was 4350.00 yuan / ton, and the current price was 4.92% lower than last year.

 

2、 Market analysis

 

ammonium persulfate

Product: the trading atmosphere of domestic potassium nitrate Market is general this week, and the domestic quotation of potassium chloride has slightly increased, which has certain support for the price of potassium nitrate. Because the overall inventory of potassium nitrate is at a low level, the manufacturer’s operating rate is at a low level, there is no sales pressure for the moment, the actual volume is general, the downstream procurement is just in demand, and the price of potassium nitrate has not changed. The quotation of domestic mainstream potassium nitrate manufacturers is 4250-4500 yuan / ton.

 

3、 Future forecast

 

Potassium nitrate analysts of business association think: the recent weak consolidation of nitric acid market, the domestic price of potassium chloride has risen, which may be good for the rise of potassium nitrate. It is expected that the market of potassium nitrate will be consolidated in the short term, not excluding the possibility of rising.

http://www.pva-china.net

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