Potassium nitrate market rose this week (11.10-11.17)

According to the commodity market analysis system of the Business Society, the industrial grade first class potassium nitrate in Shanxi was reported at 5425 yuan/ton at the beginning of the week, and the industrial grade first class potassium nitrate in Shanxi was reported at 5437.50 yuan/ton at the weekend, an increase of 0.23%, a month on month decrease of 0.23%, and the current price has decreased by 7.05% year-on-year.

 

potassium nitrate

 

The domestic potassium nitrate market has risen this week. From the above chart, it can be seen that the recent potassium nitrate market has been rising for three consecutive weeks, and the market continues to rise this week. Recently, the domestic potassium fertilizer market has seen a slight increase in prices, with acceptable cost support and a positive trading atmosphere, resulting in an upward trend in the market. According to statistics from Business News Agency, mainstream domestic manufacturers of potassium nitrate quoted 5100-5300 yuan/ton this week (for reference only), and the prices vary depending on the procurement situation.

 

Recently, the prices of mainstream domestic potassium chloride manufacturers have fluctuated and consolidated: the prices of salt lakes and Zangge potassium chloride have temporarily stabilized. The circulation of potassium chloride is tight, and the supply of goods at the port has slightly increased. Analysts from the Business Society believe that domestic potassium chloride import prices may slightly increase in the short term.

 

Recently, the domestic potassium fertilizer market has been on the rise, with limited supply of goods in the market. The port price of imported 62% white potassium is basically 2950-2980 yuan/ton. It is expected that the price of potassium nitrate will mainly increase in the short term, and the long-term market still needs to wait and see.

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