According to the commodity market analysis system of Shengyishe, at the beginning of the month, the price of Shanxi industrial grade first-class potassium nitrate was quoted at 5375.00 yuan/ton, and at the end of the month, the price of Shanxi industrial grade first-class potassium nitrate was quoted at 5475.00 yuan/ton, an increase of 1.86%. The current price has dropped by 6.81% year-on-year.

potassium nitrate

In November, the domestic potassium nitrate market rose, and it can be seen from the above chart that the potassium nitrate market has mainly risen in recent months. This month, the market has continued to fluctuate upwards, with the increase greater than the decrease. The raw material potassium chloride fluctuated and rose, with good cost support. Potassium nitrate followed the cost increase, and manufacturers shipped normally. The potassium nitrate market slightly rose. According to statistics from Business Society, mainstream domestic potassium nitrate manufacturers have recently quoted 5200-5500 yuan/ton (for reference only), and the prices may vary depending on the procurement situation.

According to the Commodity Analysis System of Business Society, the overall trend of potassium chloride market in November was fluctuating and rising. As of the end of the month. The self pickup price of 62% Russian white potassium in border trade is around 2900 yuan/ton. The prices of potassium chloride in salt lakes and Zangge have increased, creating a favorable market atmosphere. Business Society’s potassium chloride analyst believes that domestic potassium chloride import prices may slightly increase in the short term.

At present, the domestic potassium chloride market is on the rise, with good cost support. It is expected that the price of potassium nitrate will mainly rise in the short term, and the long-term market still needs to be wait-and-see.