According to the commodity market analysis system of the Business Society, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7520.00 yuan/ton at the beginning of the week. On the weekend, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7530.00 yuan/ton, an increase of 0.13%. The current price has increased by 0.53% month on month, and has dropped by 18.37% year-on-year.

Potassium carbonate

The price of potassium carbonate has increased this week. From the above chart, it can be seen that the potassium carbonate market has mainly risen in the past month, and this week’s market continues to rise slightly. In recent times, the domestic potassium fertilizer market has seen high and strong prices, with good cost support. The supply of goods is mostly in the hands of traders, and the market circulation of goods is limited, with a slight upward trend in the market. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate in China this week is around 7350-7700 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 and increased: currently, the market price of domestic 60% crystals is mostly between 2820-2850 yuan/ton. Supply is tight, and analysts from Shengyishe Potassium Chloride believe that domestic potassium chloride import prices may slightly increase in the short term.

In recent times, the domestic potassium fertilizer market has been mainly volatile and consolidating, and new policies from domestic manufacturers are still being discussed. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to be wait-and-see.