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 7500.00 yuan/ton. On the weekend, the average ex factory tax price of Shanxi’s light potassium carbonate was 7520.00 yuan/ton, an increase of 0.27%. The current price has increased by 0.13% month on month, and the current price has decreased by 18.04% 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 been mainly rising in the past month, with a slight upward trend this week. Recently, the domestic potassium fertilizer market has seen a slight increase in prices, with good cost support. Downstream procurement has maintained a strong demand, and potassium carbonate manufacturers have shipped according to orders. The market trading atmosphere is positive, and 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 consolidated: the prices of salt lakes and Zangge potassium chloride have temporarily stabilized. The circulation of potassium chloride is tight, and the supply of goods at the port has slightly increased. Analysts from the Business Society believe that domestic potassium chloride import prices may slightly increase in the short term.
Recently, the domestic potassium fertilizer market has been on the rise, with limited supply of goods in the market. The port price of imported 62% white potassium is basically between 2950 and 2980 yuan/ton. It is expected that the price of potassium carbonate will mainly increase in the short term, and the long-term market still needs to wait and see.
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