Potassium nitrate market fell this week (5.1-5.6)

According to the Commodity Market Analysis System of the Business Society, the industrial grade first class potassium nitrate in Shanxi was reported at 5475 yuan/ton at the beginning of the week, while the industrial grade first class potassium nitrate in Shanxi was reported at 5425 yuan/ton at the end of the week, a decrease of 0.91%, a month on month decrease of 3.98%, and the current price has decreased by 24.48% compared to last year.

 

POLYVINYL ALCOHOL

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, with a slight increase in border trade sources. The arrival of goods is mainly concentrated in Lianyun Port, resulting in a decrease in prices. The potassium nitrate market has been trading coldly and the market has continued to decline. 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, the prices of mainstream domestic potassium chloride manufacturers have fluctuated and fallen: on May 6th, the distribution price of potassium chloride by Anhui Badou Chemical Co., Ltd. was around 3300 yuan/ton, and the prices have remained stable temporarily. The actual transaction price is mainly negotiated. During the May Day holiday, the potassium fertilizer market did not have strong transactions. After the holiday, the market is currently dominated by bearish conditions, with low demand and abundant supply of potassium fertilizer, resulting in oversupply.

 

Recently, the domestic potassium fertilizer market has entered a low season with high inventory, and downstream purchases remain in demand. 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.

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