According to the commodity market analysis system of Shengyishe, the mainstream ex factory price of Shanxi light potassium carbonate, including tax, was 7530.00 yuan/ton this week. The current price remains unchanged on a month on month basis, with a year-on-year decrease of 17.25%.

Potassium carbonate

The price of potassium carbonate has stabilized this week. From the above chart, it can be seen that the potassium carbonate market has mainly fluctuated slightly in the past three months, and the market has remained stable this week. Recently, the market price of potassium chloride has been fluctuating and consolidating. Downstream demand remains low, and the potassium carbonate market is consolidating. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate in China this week is around 7300-7500 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.

Recently, the prices of mainstream domestic potassium chloride manufacturers have fluctuated: 60% of the port’s large red particles are priced at around 3000-3150 yuan/ton, and 62% of the port’s white potassium prices are mostly priced at 2820-2880 yuan/ton, with prices temporarily stable. The domestic potassium chloride market has a large supply of imported goods, and it is expected that the potassium chloride market will be weak and consolidate in the future.

Recently, the domestic potassium chloride market is still in a slow downward trend, with poor cost support. Downstream demand for essential procurement is maintained, and it is expected that the price of potassium carbonate will mainly decline in the short term, while the long-term market still needs to wait and see.