According to the commodity market analysis system of Shengyishe, at the beginning of the week, Shanxi’s industrial grade first-class potassium nitrate was reported at 5112.50 yuan/ton, and over the weekend, Shanxi’s industrial grade first-class potassium nitrate was reported at 5087.50 yuan/ton, a decrease of 0.49%, a month on month decrease of 1.69%, and the current price has dropped by 14.35% year-on-year.

potassium nitrate

This week, the domestic potassium nitrate market has declined, and it can be seen from the above chart that the recent potassium nitrate market has mainly experienced slight fluctuations, and the market has continued to decline slightly this week. The domestic market price of potassium chloride is at a relatively high level, and cost support is still acceptable. However, the transaction volume in the potassium nitrate market is sluggish, and traders mainly ship at low prices, resulting in a continuous decline in the price of potassium nitrate. According to statistics from Business Society, the mainstream domestic manufacturers of potassium nitrate quoted 4700-4800 yuan/ton this week (for reference only), and the prices may vary depending on the procurement situation.

Recently, the domestic market for potassium chloride and potassium chloride has declined. The domestic potassium chloride market is in a slow downward trend, with traders mainly shipping at low prices, and port shipments are still acceptable. Currently, the price of 62% white potassium is mostly around 2300 yuan/ton. In mid to early April, the trend of potassium chloride market may fluctuate slightly and fall, with consolidation being the main trend. The prices of potassium chloride in salt lakes and Zangge are temporarily stable, and the market situation is average. Downstream agricultural demand is average, industrial demand weakens, and the price of potassium chloride may fluctuate and fall in the future.

Recently, the domestic potassium chloride market has been at a high and firm price, but the market is in a slightly stagnant trading state, with poor sales of potassium nitrate. It is expected that the potassium nitrate market will mainly experience a slight decline in the short term, and the long-term market still needs to wait and see.