According to the commodity market analysis system of Shengyishe, the mainstream ex factory price of Shanxi light potassium carbonate, including tax, was 7420.00 yuan/ton at the beginning of the month. At the end of the month, the mainstream ex factory price of Shanxi light potassium carbonate, including tax, was 7550.00 yuan/ton, an increase of 1.75%. The current price has dropped by 18.16% year-on-year.

Potassium carbonate

The price of potassium carbonate increased in November. From the above chart, it can be seen that last month’s potassium carbonate market was mainly dominated by single orders, but this month’s market rebounded, rising for four consecutive weeks. The raw material potassium chloride fluctuated and rose, with good cost support. Potassium carbonate followed the rise in cost and the market continued to rise. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate is around 7300-7500 yuan/ton recently (for reference only), and the quotation varies depending on the procurement situation.

According to the Commodity Analysis System of Business Society, the overall trend of potassium chloride market in November was fluctuating and rising. As of the end of the month. The self pickup price of 62% Russian white potassium in border trade is around 2900 yuan/ton. The prices of potassium chloride in salt lakes and Zangge have increased, creating a favorable market atmosphere. Business Society’s potassium chloride analyst believes that domestic potassium chloride import prices may slightly increase in the short term.

At present, the domestic potassium chloride market is on the rise, with good cost support. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to be wait-and-see.