According to the Commodity Market Analysis System of the Business Society, at the beginning of the week, the average ex factory tax price of Shanxi’s light potassium carbonate was 7610.00 yuan/ton. On the weekend, the average ex factory tax price of Shanxi’s light potassium carbonate was 7590.00 yuan/ton, a decrease of 0.26%. The current price has increased by 6.60% month on month, and the current price has decreased by 18.61% year-on-year.

Potassium carbonate

Potassium carbonate prices have fallen this week. From the above chart, it can be seen that the potassium carbonate market has fluctuated slightly in the past month, and this week the market continues to decline slightly. The market price of potassium chloride on the cost side has stabilized. Downstream demand is poor, transactions in the potassium carbonate market are light, potassium carbonate inventory is high, and the market continues to decline. According to statistics from Business Society, the mainstream factory quotation range for industrial grade potassium carbonate in China this week is around 7300-7700 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.

Recently, the prices of mainstream domestic potassium chloride manufacturers have fluctuated slightly: on September 22, the distribution price of potassium chloride by Zibo Dehe Chemical Co., Ltd. was around 3100 yuan/ton. The prices of potassium chloride in salt lakes and Zangge have increased, and the market atmosphere is good. The downstream market of potassium chloride has slightly increased, and downstream demand has increased, with primary demand for procurement. Analysts from the Business Society believe that domestic potassium chloride import prices may slightly increase in the short term.

Recently, the domestic supply of potassium chloride has been relatively concentrated, and the market is relatively stable. Downstream procurement remains in demand, and 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.