According to the data monitored by the business community, at the beginning of the week, Shanxi’s industrial grade first grade potassium nitrate was quoted at 5875.00 yuan/ton, and at the weekend, Shanxi’s industrial grade first grade potassium nitrate was quoted at 5850.00 yuan/ton, down 0.43%, and the price rose 0.43% year on year.

potassium nitrate

The domestic potassium nitrate market fell slightly this week. It can be seen from the figure above that the potassium nitrate market declined in the past two months, and the decline in the market this week was slightly slower. Recently, new sources of imported potassium chloride are being supplemented, but the supply of special varieties in some regions is slightly tight. The downstream demand is not good, and the purchase of just needed goods is maintained. The potassium nitrate shipment is not smooth, and the market is down. According to the statistics of the business society, the domestic mainstream potassium nitrate manufacturers quoted 5600-5900 yuan/ton this week (the quotation is for reference only), and the quotation varies according to the procurement situation.

Recently, the domestic market price of imported potassium chloride has fallen, the downstream demand has weakened, and the purchase of just needed potassium chloride is the main demand, and the market turnover is poor. At present, the sales price of 60% domestic potassium crystals in the market is mostly 3400-3800 yuan/ton. The price of 57% of the powder in Qinghai small factories is 3000-3200 yuan/ton, and the price of 62% of Russian white potassium in border trade areas is 3300-3400 yuan/ton. The price of 62% white potassium at the port is mostly 3450-3600 yuan/ton (the price drops by 50 yuan/ton). The price of large particles at the port is mostly 3450-3500 yuan/ton (down 50 yuan/ton), and the price of 60% red powder is 3800-3850 yuan/ton.

Recently, new orders for border trade of potassium chloride have not been signed, and the supply of goods may be short, but the downstream demand is general. It is expected that the price of potassium nitrate will decline mainly in the short term, and the long-term market still needs to wait and see.