1、 Price trend

According to the data monitored by the business agency, the price of domestic industrial grade first-class potassium nitrate this week was 4350.00 yuan / ton, which was stable. The current price fell 2.79% year on year.

2、 Market analysis

Products: the domestic potassium nitrate Market is stable this week. At present, potassium nitrate enterprises have basically resumed work, including Wenshui Zhenxing chemical fertilizer Co., Ltd., Wentong potash Group Co., Ltd., Wenshui Zhenxing chemical fertilizer Co., Ltd., Jiaocheng County Hesheng Chemical Co., Ltd., and Shanxi Jiaocheng Star Chemical Co., Ltd. The light potassium carbonate production line of Taiyuan xinyufeng chemical plant has not been started yet; the potassium nitrate has been resumed. The transaction of new orders of potassium chloride in the upstream has weakened, most of the orders in the early stage are being shipped one after another, the port’s saleable volume is still decreasing, the price remains stable, the whole potash fertilizer market is also dominated by consolidation, the trading atmosphere of potassium nitrate Market is light, the downstream maintains just need to purchase, and the potassium nitrate Market is stable. This week, the main domestic manufacturers of potassium nitrate offered 4200-4500 yuan / ton.

3、 Future forecast

Potassium nitrate analysts of the business association think: this week, the market of potassium nitrate is stable, the domestic market of potassium fertilizer is relatively stable, and the upstream market of potassium chloride is also stable after rising. It is expected that the market of potassium nitrate will be consolidated in the short term.