According to the Commodity Market Analysis System of the Business Society, the industrial grade first class potassium nitrate in Shanxi was reported at 5450 yuan/ton at the beginning of the week, while the industrial grade first class potassium nitrate in Shanxi was reported at 5425 yuan/ton at the end of the week, a decrease of 0.46% and a month on month decrease of 2.25%. The current price has decreased by 14.23% compared to last year.

potassium nitrate

The domestic potassium nitrate market has declined this week, and it can be seen from the above chart that the recent potassium nitrate market has mainly experienced slight fluctuations, and the market has continued to decline slightly this week. The market price of potassium chloride on the cost side fluctuated slightly, with average cost support, poor downstream demand, weak procurement, and higher inventory of potassium nitrate manufacturers, leading to a downward adjustment in prices. According to statistics from Business News Agency, mainstream domestic manufacturers of potassium nitrate quoted 5100-5500 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 slightly. The trend of potassium chloride market is mainly organized. The prices of potassium chloride in Salt Lake and Zangge are temporarily stable, and the market situation is average.

Recently, there has been an upward trend in the domestic potassium chloride market price, with a relatively concentrated supply of goods and traders reluctant to sell. Cost support is good, and it is expected that the price of potassium nitrate will mainly rise in the short term, while the long-term market still needs to be on the sidelines.