According to the commodity market analysis system of Shengyishe, the first grade industrial potassium nitrate in Shanxi was reported at 5375 yuan/ton at the beginning of the week, and at 5325 yuan/ton at the end of the week, a decrease of 0.93% and a month on month decrease of 2.74%. The current price has dropped by 9.94% 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 market price of raw material potassium chloride has declined, with poor cost support. Downstream demand generally maintains rigid procurement, and potassium nitrate manufacturers dispatch orders for shipment, resulting in a weak price decline. According to statistics from Business Society, the mainstream domestic potassium nitrate manufacturers quoted 5100-5300 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 prices of potassium chloride in salt lakes and Zangge are temporarily stable. The downstream market of potassium chloride has slightly declined, and downstream demand has weakened, with rigid demand procurement being the main focus. The circulation of potassium chloride is tight, and the supply of goods at the port has slightly increased. Business Society’s potassium chloride analyst believes that domestic potassium chloride import prices may slightly decline in the short term.

Recently, the domestic potassium fertilizer market has been weakly consolidating, with poor cost support and weak downstream procurement. It is expected that the potassium carbonate market will mainly experience a slight decline in the short term, and the long-term market still needs to be watched.