According to the commodity market analysis system of Shengyishe, this week Shanxi’s industrial grade first-class potassium nitrate was reported at 5175 yuan/ton, a month on month decrease of 5.48%, and the current price has dropped by 11.91% year-on-year.

potassium nitrate

This week, the domestic potassium nitrate market has been volatile and consolidating. From the above chart, it can be seen that after a continuous slight increase in the potassium nitrate market, the market has remained basically stable this week. Domestic potassium manufacturers have sufficient supply, border trade sources have slightly increased, and prices have fallen. The potassium nitrate market is trading coldly, with average transactions and market consolidation. According to statistics from Business Society, the mainstream domestic manufacturers of potassium nitrate quoted 4900-5000 yuan/ton this week (for reference only), and the prices may vary depending on the procurement situation.

Recently, the prices of mainstream domestic potassium chloride manufacturers have fluctuated and fluctuated. In mid to early February, the trend of potassium chloride market may experience a slight fluctuation and decline, with consolidation being the main trend. The prices of potassium chloride in salt lakes and Zangge are temporarily stable, and the market situation is average. Downstream agricultural demand is average, industrial demand weakens, and the price of potassium chloride may fluctuate and fall in the future.

Recently, the market for potassium chloride in China has been consolidating, with downstream demand for essential purchases maintained. 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.