Potassium carbonate market rose this week (11.1-11.9)

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 7440.00 yuan/ton. On the weekend, the average ex factory tax price of Shanxi’s light potassium carbonate was 7500.00 yuan/ton, an increase of 0.81%. The current price has decreased by 0.66% month on month, and the current price has decreased by 18.14% year-on-year.

 

Potassium carbonate

 

The price of potassium carbonate has increased this week. From the above chart, it can be seen that the potassium carbonate market has fluctuated slightly in the past two months, with a slight upward trend this week. Recently, the domestic potassium chloride market has been on the rise, with reasonable cost support. Downstream procurement remains in high demand, and manufacturers ship according to orders. The market has slightly increased. 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 and increased: the prices of salt lake and Zangge potassium chloride have temporarily stabilized. The downstream market of potassium chloride has slightly increased, and downstream demand has increased, with primary demand for procurement. The circulation of potassium chloride is tight, and the supply of goods at the port has slightly increased. In the short term, the import price of domestic potassium chloride may slightly increase.

 

Recently, the domestic potassium chloride market has been on the rise. Currently, the price of imported 62% white potassium is mostly between 2930-2980 yuan/ton, and downstream purchases are still in demand. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see.

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