According to the Commodity Market Analysis System of the Business Society, the industrial grade first class potassium nitrate in Shanxi was reported at 5425 yuan/ton at the beginning of the week, and 5375 yuan/ton at the end of the week, a decrease of 0.92% and a month on month decrease of 3.59%. The current price has decreased by 26.87% compared to last year.

potassium nitrate

This week, the domestic potassium nitrate market fluctuated and fell. From the above chart, it can be seen that the recent potassium nitrate market has fluctuated slightly, and the market has continued to decline this week. Domestic potassium manufacturers have sufficient supply, and ports are still arriving at new ships, causing prices to decline. The potassium nitrate market is trading poorly, with poor sales and a weak decline in the market. According to statistics from Business Society, mainstream domestic manufacturers of potassium nitrate quoted 5200-5700 yuan/ton this week (for reference only), and the prices vary depending on the procurement situation.

Recently, there has been insufficient demand in the international potassium chloride market, and prices have shown a downward trend. The domestic spot market for potassium chloride has average trading volume, and the price of potassium chloride has slightly fluctuated and decreased. It is expected that the potassium chloride market will consolidate at a high level in the future.

Recently, there has been a large supply of potassium chloride, and the market has been declining, with poor cost support. Downstream purchases remain in demand, and it is expected that the price of potassium carbonate will mainly decline in the short term. The long-term market still needs to wait and see.