According to the commodity market analysis system of Shengyishe, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7250.00 yuan/ton at the beginning of the week. On the weekend, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7290.00 yuan/ton, an increase of 0.55%. The current price has increased by 0.41% month on month, and has decreased by 13.11% year-on-year.
Potassium carbonate
The price of potassium carbonate has increased this week. From the above chart, it can be seen that the potassium carbonate market has been mainly volatile and consolidating in the past three months, with a slight increase this week. There have been no new orders signed for potassium chloride border trade, and the domestic potassium chloride market remains strong at a high level. Downstream purchases of essential goods are maintained, and potassium carbonate manufacturers are scheduling shipments, resulting in a volatile upward trend in the market. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate in China this week is around 7200-7300 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.
This week, the domestic potassium chloride market experienced high volatility. As of this weekend, potassium chloride has been offered at 2516 yuan/ton. The domestic potassium chloride market continues its previous consolidation trend, with a calm market performance. In terms of imports, the price of 60% potassium chloride is mostly between 2200-2500 yuan/ton. Due to the moderate arrival volume this month and the basic balance between supply and demand in the domestic market, there has been no surplus situation in the market, and the price remains rigid and strong. However, downstream factories generally have a resistance mentality towards high prices, and the current market is in a weak season. Most enterprises have replenished their inventory in the early stage, and the demand for compound fertilizer manufacturers is decreasing.
Recently, the domestic potassium fertilizer market has remained strong at a high level, with strong cost support. It is expected that the potassium carbonate market will mainly rise in the short term. The long-term market still needs to be watched. (The above prices are provided by major potassium nitrate manufacturers across the country and analyzed by potassium carbonate analysts from Business Society. They are for reference only. For more price details, please contact relevant manufacturers for consultation.).
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