According to the commodity market analysis system of Shengyishe, the mainstream ex factory price of Shanxi light potassium carbonate, including tax, was 7400.00 yuan/ton at the beginning of the month. At the end of the month, the mainstream ex factory price of Shanxi light potassium carbonate, including tax, was 7330.00 yuan/ton, a decrease of 0.95%. The current price has dropped by 19.63% year-on-year.

Potassium carbonate

The price of potassium carbonate fell in February. From the above chart, it can be seen that the potassium carbonate market has been declining for three consecutive months recently, and the market has continued to decline this month. The overall market for raw material potassium chloride has fluctuated downward, with poor cost support and poor downstream operating rates. After the Spring Festival, the transaction volume in the potassium carbonate market has been weak, and the market has continued to decline. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate is around 7150-7300 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.

According to the Commodity Analysis System of Business Society, the overall trend of potassium chloride market in February was downward. The prices of salt lakes and Zangge potassium chloride are temporarily stable, but new transactions are limited. The downstream market for potassium chloride continues to decline, with weakened downstream demand and a focus on essential procurement. Recently, international potassium fertilizer has also shown a weak trend. Business Society’s potassium chloride analyst believes that domestic potassium chloride import prices may slightly decline in the short term.

At present, there is sufficient supply of imported potassium, and the price of 62% white potassium is mostly between 2430-2450 yuan/ton, with poor cost support. It is expected that the price of potassium carbonate will mainly increase in the short term, and the long-term market still needs to wait and see.