According to the commodity market analysis system of Shengyishe, at the beginning of the week, Shanxi’s industrial grade first-class potassium nitrate was reported at 5000.00 yuan/ton, and over the weekend, Shanxi’s industrial grade first-class potassium nitrate was reported at 4975.00 yuan/ton, a decrease of 0.50%, a month on month decrease of 2.21%, and the current price has dropped by 10.76% year-on-year.

potassium nitrate

This week, the domestic potassium nitrate market has declined, and it can be seen from the above chart that the recent potassium nitrate market has mainly experienced slight fluctuations, and the market has continued to decline slightly this week. The domestic market price of potassium chloride is at a relatively high level, with acceptable cost support, but downstream demand remains weak, and the sales of potassium nitrate in the market are poor, resulting in a decline in potassium nitrate prices. According to statistics from Business Society, the mainstream domestic manufacturers of potassium nitrate quoted 4700-4800 yuan/ton this week (for reference only), and the prices may vary depending on the procurement situation.

Recently, the domestic market for potassium chloride and potassium chloride has been consolidating. The market price of 60% potassium chloride crystals in China is mostly between 2300-2390 yuan/ton, while the price of 57% powder for small factories in Qinghai is based on 2050-2150 yuan/ton; Border trade areas: 62% of Russian white potassium prices are mostly between 2150-2200 yuan/ton.

Recently, some varieties of potassium chloride in the domestic market have been in a situation of no stock and no price. At present, the market supply of goods is relatively concentrated, mostly in the hands of large traders, with a strong intention to raise prices. It is expected that the potassium nitrate market will mainly experience a slight decline in the short term, and the long-term market still needs to be cautious.