I. price trend
According to the data monitored by the business agency, the price of domestic potassium nitrate fluctuated and fell this week. At the beginning of the week, the price of domestic industrial grade first-class potassium nitrate was 4362.50 yuan / ton, and at the end of the week, the price of domestic industrial grade first-class potassium nitrate was 4337.50 yuan / ton, down 0.57%. The current price was 5.45% lower than last year.
|Polyglutamic acid fertiliser grade|
II. Market analysis
Product: this week, the domestic potassium nitrate market fluctuated and fell. In November, the recent domestic potassium fertilizer market showed no obvious signs of improvement. The trading atmosphere in the potassium nitrate Market was relatively light. The downstream maintained rigid purchase, and was in a stable period of consumption. The supply and demand were relatively stable, and the market was in a consolidation state. As a whole, the operating rate of potassium nitrate manufacturers is at a low level, so the overall inventory of potassium nitrate is at a low level, and there is no sales pressure for the time being. The downstream purchase volume is on the low side for a small amount of replenishment, and there is basically no stock up situation, and the price of potassium nitrate keeps fluctuating and falling. Domestic mainstream manufacturers of potassium nitrate offer 4200-4500 yuan / ton.
|Polyglutamic acid agricultural grade|
III. future forecast
Potassium nitrate analyst of business association thinks: this week, the market of potassium nitrate fluctuates and falls, the supply of goods in the hands of traders is relatively sufficient, the potash fertilizer market has always been tepid and tepid, the downstream demand has not improved temporarily, it is expected that the demand of potassium nitrate will not change greatly in the short term, and the market may be in full swing.