According to the data monitored by the business community, this week, Shanxi’s industrial grade first grade potassium nitrate was quoted at 6425.00 yuan/ton, a year-on-year increase of 18.43%.

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. The domestic market price of potassium chloride was consolidated, the supply of imported potassium was sufficient, and there were successively ports for arrival. The devices of domestic manufacturers are under normal operation and are being shipped in succession. The lower reaches maintain the demand for procurement, the market transaction is average, and the potassium nitrate market is basically stable. According to the statistics of the business community, the domestic mainstream potassium nitrate manufacturers quoted 6200-6500 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 is stable. Recently, the supply of imported potassium chloride is relatively sufficient, and the port still has new supply of goods in succession. The spot market of potassium chloride in China was generally traded, and the price of potassium chloride fell slightly. It is expected that the potassium chloride market will consolidate at a low level in the future.

Recently, the domestic potash fertilizer market is weak, and the cost support is poor. It is expected that the price of potassium nitrate will fall mainly in the short term, and the long-term market still needs to wait and see.