According to the commodity market analysis system of the Business Society, the mainstream ex factory price of Shanxi light potassium carbonate, including tax, was 7510.00 yuan/ton at the beginning of the month. At the end of the month, the mainstream ex factory price of Shanxi light potassium carbonate, including tax, was 7400.00 yuan/ton, a decrease of 1.46%. The current price has dropped by 18.68% year-on-year.

Potassium carbonate

The price of potassium carbonate fell in January. From the above chart, it can be seen that the potassium carbonate market has been declining for two consecutive months recently, and the market has continued to decline this month. The overall market situation of raw material potassium chloride has significantly declined, with poor cost support, poor downstream operating rates, and weak transactions in the potassium carbonate market, resulting in a sustained decline in the market. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate is around 7200-7300 yuan/ton recently (for reference only), and the quotation varies depending on the procurement situation.

According to the Commodity Analysis System of Business Society, the overall trend of potassium chloride market in January was downward. The downstream market demand is sluggish, and the pressure on potassium chloride to sell has increased. This week, the domestic market price of imported potassium chloride has dropped significantly. According to the Commodity Analysis System of Business Society, the price of potassium chloride has dropped from 3080 yuan/ton at the beginning of the month to 2800 yuan/ton over the weekend, a decrease of 8.91%. The prices of potassium chloride in Salt Lake and Zangge are temporarily stable, but new transactions are limited. The downstream market for potassium chloride continues to decline, with weakened downstream demand and a focus on essential procurement. Recently, international potassium fertilizer has also shown a weak trend. Business Society’s potassium chloride analyst believes that domestic potassium chloride import prices may slightly decline in the short term.

At present, the domestic potassium chloride market has slightly improved, with downstream pre holiday stocking. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to be wait-and-see.