Price Trend
According to the data monitored by business associations, the price of potassium nitrate in China was reorganized this week. As of August 9, the price of potassium nitrate, the first-class industrial product in China, was quoted at 4312 yuan/ton. The market was stable this week.
| Polyglutamic acid |
II. Market Analysis
Products: This week, the domestic potassium nitrate Market is not hot, the overall inventory is low, the factory start-up rate is low, there is no sales pressure, the actual volume is low, downstream purchasing just wait-and-see, quantity just need to purchase, it is expected that the short-term market consolidation of potassium nitrate is the main, domestic potassium nitrate mainstream manufacturers quote 4250-4500 yuan./ Tons.
| Gamma Polyglutamic Acid |
3. Future Market Forecast
The analyst of potassium nitrate of business association thinks: this week, the market of potassium nitrate is mainly consolidated, and the actual spot delivery is general. It is expected that the demand for potassium nitrate will hardly improve greatly in the short term. Market consolidation is mainly carried out. In the long run, the “gold, silver and ten” is coming, and the market may be warming up, mainly by the demand side leading price trend.
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