The market for potassium nitrate remained stable this week (9.23-9.27)

Price Trend

According to the data monitored by business associations, the price of domestic potassium nitrate remained stable this week. The price of domestic first-class industrial potassium nitrate was quoted 4375.00 yuan/ton in the week, and the current price fell by 4.63% compared with last year.

II. Market Analysis

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Products: This week, the domestic potassium nitrate market remains stable, the market trading atmosphere is flat, the attitude of potassium nitrate manufacturers is general, the goods are still available, the starting rate of potassium nitrate manufacturers is low, so the overall stock of potassium nitrate is low, there is no sales pressure, downstream purchasing is just in need, basically no stock, potassium nitrate prices are stable. Domestic potassium nitrate mainstream manufacturers offer 4200-4500 yuan/ton.

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3. Future Market Forecast

The analyst of potassium nitrate of business association thinks that the market of potassium nitrate is stable this week, and the end of September is approaching. The traditional peak season of “Gold, Nine, Silver and Ten” is inadequate. With the coming of the eleventh long vacation, it is still mainly a smooth transition, and the market will recover after the festival, mainly due to the demand-side-led price trend.

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