According to the data monitored by the Business News Agency, this week Shanxi’s industrial first class potassium nitrate was reported at 5925.00 yuan/ton, and this week Shanxi’s industrial first class potassium nitrate was reported at 5912.50 yuan/ton, down 0.21%, and the current price rose 0.78% year-on-year.
The domestic potassium nitrate market fell this week. From the figure above, we can see that the recent potassium nitrate market fluctuated slightly, and this week’s market volatility fell. The supply of domestic potassium manufacturers is normal. At present, the supply of goods is mostly concentrated in the hands of large traders. Near the Spring Festival, the downstream maintains the purchase of just needed products, and the market sentiment is poor, and the potassium nitrate market is weak. According to the statistics of the Business News Agency, the domestic mainstream manufacturers of potassium nitrate quoted 5600-5900 yuan/ton this week (for reference only), which varies according to different procurement conditions.
Recently, the price of mainstream domestic potassium chloride manufacturers is 3850.00 yuan/ton. The sales price of domestic potassium 60% crystal is mostly 3550-3600 yuan/ton (up 30 yuan/ton at the low end). The price of 57% powder in Qinghai small factories is 3200-3300 yuan/ton, the price of 62% white potassium in Russia is mostly 3480-3500 yuan/ton in border trade areas (up 30 yuan/ton at the low end), the price of 62% white potassium in ports is mostly 3680-3750 yuan/ton, the price of large particles is mostly 3800-3900 yuan/ton, and the price of 60% red powder is 3800-3850 yuan/ton.
Recently, the domestic potash fertilizer market has consolidated. The Spring Festival is approaching, and downstream demand is poor. It is expected that the price of potassium nitrate will fall mainly in the short term, while the long-term market still needs to wait and see.