According to the commodity market analysis system of the business community, at the beginning of the month, the first grade industrial Potassium nitrate in Shanxi was quoted at 5100.00 yuan/ton, and at the end of the month, the first grade industrial Potassium nitrate in Shanxi was quoted at 5350.00 yuan/ton, down 6.39%, and the current price fell 32.12% year on year.

Potassium nitrate

In June, the domestic market of Potassium nitrate rose. From the figure above, it can be seen that the market of Potassium nitrate has fluctuated and declined for six consecutive months since 2023. This month, the market bottomed out and rebounded. Recently, the upstream Potassium chloride market has been consolidated, Potassium nitrate stock is tight, and the supply of goods is mostly in the hands of traders, so they are reluctant to sell the goods. The market has less circulating supplies, and Potassium nitrate is actively traded, leading to an increase in the market. According to the statistics of the business society, the recent quotation of domestic mainstream Potassium nitrate manufacturers is 5000-5400 yuan/ton (the quotation is for reference only), which varies according to the procurement situation.

According to the commodity analysis system of the business community, the overall market of Potassium chloride in June was in a volatile downward trend. Recently, the international market demand for Potassium chloride is insufficient, and the price shows a downward trend. The domestic Spot market of Potassium chloride was in general trading, and the price of Potassium chloride fell slightly in shock. The market of Potassium chloride is expected to consolidate at a low level in the future.

At present, the price of potash fertilizer market is weak and consolidated, and the cost support is general, but the Potassium nitrate inventory is low, and the market transaction is good. It is expected that the price of Potassium nitrate will mainly rise in the short term, and the long-term market still needs to wait and see.