According to the Commodity Market Analysis System of the Business Society, at the beginning of the month, Shanxi’s industrial grade first class potassium nitrate was quoted at 5525.00 yuan/ton. At the end of the month, Shanxi’s industrial grade first class potassium nitrate was quoted at 5375.00 yuan/ton, a decrease of 2.71%. The lowest price was quoted at 5250.00 yuan/ton on August 19, a decrease of 4.98% compared to the highest point at the beginning of the month. The current price has decreased by 23.36% compared to last year.

potassium nitrate

In August, the domestic potassium nitrate market first fell and then rose. From the above figure, it can be seen that the potassium nitrate market continued to rise in the first two months. From the end of last month to this month, the market showed a fluctuating trend, with a decrease of about an increase. In the early stage, the decline continued from the previous month, while in the later stage, the raw material potassium chloride increased at the end of the month, with good cost support. Potassium nitrate followed the cost increase, and manufacturers shipped normally, resulting in a slight increase in the market. According to statistics from Business Society, mainstream domestic manufacturers of potassium nitrate have recently quoted 5200-5500 yuan/ton (for reference only), and the prices vary depending on the procurement situation.

According to the Commodity Analysis System of the Business Society, the overall trend of potassium chloride market in August was first downward and then upward. Domestic potassium: The market price of 60% crystal is mostly between 2400-2550 yuan/ton (increased by 50 yuan/ton), while the port price of 62% white potassium is around 2700-2750 yuan/ton (increased by 100 yuan/ton); 60% of the large particles in the port are around 2700-2750; Border trade areas: 62% of Russian white potassium prices are mostly between 2400-2450 yuan/ton; Qinghai 60% white potassium arrives at the station at around 2800. Analysts from the Business Society believe that domestic potassium chloride import prices may slightly increase in the short term.

At present, the border trade has not yet arrived, and the domestic potassium chloride market has a tight supply of goods. Potassium chloride is expected to rise, with good cost support. It is expected that the price of potassium nitrate will mainly rise in the short term, and the long-term market still needs to wait and see.