Price Trend
According to the data monitored by business associations, the price of potassium nitrate in China has been running weakly this week, and the overall price has not changed much, with a decline of 0.29%. As of June 14, China’s first-class industrial potassium nitrate quoted 4312 yuan per ton. This week, the market was mainly weak.
| Sulfamic acid |
II. Market Analysis
Products: This week, the domestic potassium nitrate Market Trading atmosphere is cold, the overall inventory is low, the start-up rate of manufacturers is low, the actual turnover is low, the downstream purchasing volume is low, a small amount of replenishment, it is expected that in the short term, the weak market of potassium nitrate is dominated by consolidation, domestic potassium nitrate mainstream manufacturers offer 4000-4400 yuan/ton.
3. Future Market Forecast
| sulphamic acid |
The analyst of potassium nitrate of Business Association believes that the recent nitric acid market has been narrowly consolidated and spot trading is not hot. It is expected that the demand for potassium nitrate will hardly improve in the short term, and the market may continue to consolidate.
| Sulfamic acid 99.50% |