According to the commodity market analysis system of Shengyishe, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7480.00 yuan/ton at the beginning of the week. On the weekend, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7440.00 yuan/ton, a decrease of 0.53%. The current price has dropped by 1.46% compared to the previous year, and the current price has dropped by 18.24% year-on-year.

Potassium carbonate

The price of potassium carbonate has fallen this week. From the above chart, it can be seen that the potassium carbonate market has mainly experienced a slight decline in the past two months, and this week’s market continues to decline slightly. The market price of raw material potassium chloride has declined, with poor cost support. Downstream demand generally maintains rigid procurement, and market transactions are light. The market for potassium carbonate continues to decline. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate in China this week is around 7200-7400 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.

Recently, the domestic market for potassium chloride and potassium chloride has declined. The prices of potassium chloride in salt lakes and Zangge are temporarily stable. The downstream market of potassium chloride has slightly declined, and downstream demand has weakened, with rigid demand procurement being the main focus. The circulation of potassium chloride is tight, and the supply of goods at the port has slightly increased. Business Society’s potassium chloride analyst believes that domestic potassium chloride import prices may slightly decline in the short term.

Recently, the domestic potassium fertilizer market has been weak and consolidating, with poor cost support and flat potassium carbonate shipments. It is expected that the potassium carbonate market will mainly experience a slight decline in the short term. The long-term market still needs to be watched.