According to the data monitored by the business community, at the beginning of the week, Shanxi’s industrial first grade potassium nitrate was quoted at 6075.00 yuan/ton, and at the weekend, Shanxi’s industrial first grade potassium nitrate was quoted at 5875.00 yuan/ton, down 3.29%, and the price rose 0.86% year on year.
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potassium nitrate
This week, the domestic potassium nitrate market was in shock and consolidation. It can be seen from the figure above that the potassium nitrate market declined in the past two months, and this week the market continued to fall. Recently, the domestic potassium manufacturers have started to operate more units than in the early stage, and the inventory in the plant is sufficient. The downstream demand is not good, and the purchase of just needed goods is maintained. The potassium nitrate shipment is not smooth, and the market is down. According to the statistics of the business society, the domestic mainstream potassium nitrate manufacturers quoted 5600-5900 yuan/ton this week (the quotation is for reference only), and the quotation varies according to the procurement situation.
Recently, the domestic market price of imported potassium chloride has fallen, the supply of potassium chloride is abundant, and the market turnover is poor. At present, the sales price of 60% domestic potassium crystals in the market is 3450-3800 yuan/ton. The price of 57% powder in Qinghai small factories is 3100-3200 yuan/ton, and the price of 62% Russian white potassium in border trade areas is 3300-3400 yuan/ton. The price of 62% white potassium at the port is 3600-3750 yuan/ton. The price of large particles at the port is mostly 3550-3650 yuan/ton, and the price of 60% red powder is 3800-3850 yuan/ton.
In the near future, the overall trend of domestic potash fertilizer market is weak, the supply of potassium chloride exceeds the demand, and the cost support is poor. It is expected that the price of potassium nitrate will fall mainly in the short term, while the long-term market still needs to wait and see.
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