According to the Commodity Market Analysis System of the Business Society, at the beginning of the week, the average ex factory tax price of Shanxi’s light potassium carbonate was 7840.00 yuan/ton. On the weekend, the average ex factory tax price of Shanxi’s light potassium carbonate was 7800.00 yuan/ton, a decrease of 0.51%. The current price has decreased by 5.91% month on month, and the current price has decreased by 22.96% year-on-year.

Potassium carbonate

The price of potassium carbonate slightly decreased this week. From the above chart, it can be seen that the potassium carbonate market has been declining for three consecutive months recently, and the market has continued to decline this week. The upstream Potassium chloride market is lower, the cost support is poor, and the potash market is cold and quiet, the transaction is light, and the price drops. According to statistics from Business Society, the mainstream factory quotation range for industrial grade potassium carbonate in China this week is around 7300-7800 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.

The domestic market of imported Potassium chloride fell slightly this week, from 2825.00 yuan/ton at the beginning of the week to 2762.50 yuan/ton at the end of the week, a decline of 2.21%. On June 18, the Potassium chloride (import) commodity index was 87.70, unchanged from yesterday, down 49.77% from the peak of 174.60 (2022-06-21) in the cycle, and up 50.56% from the lowest point of 58.25 on August 6, 2020. The overall trend of Potassium chloride market in late June may fall in a narrow range, mainly finishing.

Recently, the domestic potash fertilizer market has been weak and consolidated. The Potassium chloride market has fallen, and the cost support is poor. It is expected that the price of potassium carbonate will fall mainly in the short term, and the long-term market still needs to wait and see.