According to the commodity market analysis system of the business community, at the beginning of the week, the first grade industrial Potassium nitrate in Shanxi was 5250 yuan/ton, and at the weekend, the first grade industrial Potassium nitrate in Shanxi was 5350 yuan/ton, up 1.90%, 3.38% month on month, and the current price fell 29.95% year on year.

Potassium nitrate

The domestic Potassium nitrate market rose this week. It can be seen from the figure above that the Potassium nitrate market has risen for two weeks in a row recently. Recently, the upstream Potassium chloride market has been consolidated, the Potassium nitrate inventory has remained low, the downstream demand is good, the market transaction is positive, and the Potassium nitrate market has risen. According to the statistics of the business agency, this week the mainstream manufacturers of Potassium nitrate in China quoted 5200-5400 yuan/ton (the quotation is for reference only). The quotation varies according to the purchase situation.

The domestic market of imported Potassium chloride fell slightly this week, from 2825.00 yuan/ton at the beginning of the week to 2762.50 yuan/ton at the end of the week, a decline of 2.21%. On June 18, the Potassium chloride (import) commodity index was 87.70, unchanged from yesterday, down 49.77% from the peak of 174.60 (2022-06-21) in the cycle, and up 50.56% from the lowest point of 58.25 on August 6, 2020. The overall trend of Potassium chloride market in late June may fall in a narrow range, mainly finishing.

Recently, the domestic potash fertilizer market is still in a weak consolidation state, but the Potassium nitrate stock is tight, and the market supply falls short of 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.