According to the commodity market analysis system of Shengyishe, this week Shanxi’s industrial grade first-class potassium nitrate was reported at 5450 yuan/ton, an increase of 0.92% month on month, and the current price has dropped by 6.81% year-on-year.

potassium nitrate

This week, the domestic potassium nitrate market has been volatile and consolidating. From the above chart, it can be seen that after a continuous slight increase in the potassium nitrate market, the market has remained basically stable this week. Domestic potassium manufacturers have sufficient supply, border trade sources have slightly increased, and prices have fallen. The potassium nitrate market is trading coldly, with average transactions and market consolidation. According to the statistics of Business Society, the mainstream domestic potassium nitrate manufacturers quoted 5200-5500 yuan/ton this week (for reference only), and the prices may vary depending on the procurement situation.

Recently, the prices of mainstream domestic potassium chloride manufacturers have fluctuated: 60% of the port’s large red particles are priced at around 3000-3150 yuan/ton, and 62% of the port’s white potassium prices are mostly priced at 2820-2880 yuan/ton, with prices temporarily stable. The domestic potassium chloride market has a large supply of imported goods, and it is expected that the potassium chloride market will be weak and consolidate in the future.

Recently, the domestic potassium chloride market is still in a slow downward trend, with poor cost support. Downstream demand for essential procurement is maintained, and it is expected that the price of potassium carbonate will mainly decline in the short term, while the long-term market still needs to wait and see.