According to data monitored by the Business News Agency, the average ex-factory price of light potassium carbonate in Shanxi this week, including taxes, was 9100.00 yuan/ton, with the current price increasing by 0.28% month on month and 0.37% year on year.

Potassium carbonate

The price of potassium carbonate fluctuated and consolidated this week. As can be seen from the above figure, the recent potassium carbonate market has fluctuated slightly, and this week’s market has declined slightly. Domestic potassium manufacturers have sufficient supply, with a significant increase in supply from border trade sources and a decrease in prices. Trading in the potassium carbonate market was quiet, and the potassium carbonate market was weak and consolidated. According to the statistics of the Business News Agency, this week, the mainstream factory quotation range of domestic industrial grade potassium carbonate is around 9000-9300 yuan/ton (for reference only). The quotation varies depending on the procurement situation.

Recently, the quotations of mainstream domestic potassium chloride manufacturers have fallen: currently, 62% of white potassium in border trade is 3350-3500 yuan/ton, with high spot prices. Yingkou Port quoted a price of 3650-3700 yuan/ton for 62% white potassium, Zhanjiang Port quoted a price of 3600-3650 yuan/ton for 62% white potassium, and Fangcheng Port quoted a price of 3600-3650 yuan/ton for 62% white potassium.

The focus of the domestic potash fertilizer market continues to shift downward, with poor cost support. Downstream purchases remain in demand. It is expected that the price of potassium carbonate will mainly decline in the short term, while the long-term market still needs to wait and see. (The above prices are provided by major manufacturers of potassium nitrate throughout the country and analyzed by potassium carbonate analysts from the business community. They are for reference only. For more price details, please contact relevant manufacturers for consultation.).