The potassium carbonate market has declined this week (4.1-4.7)

According to the commodity market analysis system of Shengyishe, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7310.00 yuan/ton at the beginning of the week. On the weekend, the average ex factory price of Shanxi light potassium carbonate, including tax, was 7270.00 yuan/ton, a decrease of 0.55%. The current price has decreased by 0.82% month on month, and has dropped by 18.68% year-on-year.

 

Potassium carbonate

 

The price of potassium carbonate has fallen this week. From the above chart, it can be seen that the potassium carbonate market has been mainly volatile and consolidating in the past two months, with a slight decline this week. The domestic market price of potassium chloride is at a relatively high level, and cost support is still acceptable. However, the transaction volume in the potassium carbonate market is light, and traders mainly ship at low prices, resulting in a volatile and weak market. According to statistics from Business Society, the mainstream ex factory quotation range for industrial grade potassium carbonate in China this week is around 7100-7300 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.

 

Recently, the domestic market for potassium chloride and potassium chloride has declined. The domestic potassium chloride market is in a slow downward trend, with traders mainly shipping at low prices, and port shipments are still acceptable. Currently, the price of 62% white potassium is mostly around 2300 yuan/ton. In mid to early April, the trend of potassium chloride market may fluctuate slightly and fall, with consolidation being the main trend. The prices of potassium chloride in salt lakes and Zangge are temporarily stable, and the market situation is average. Downstream agricultural demand is average, industrial demand weakens, and the price of potassium chloride may fluctuate and fall in the future.

 

Recently, the domestic potassium chloride market has been at a high and firm price, but the market is in a slightly stagnant trading state, with poor sales of potassium carbonate. It is expected that the potassium carbonate market will mainly experience a slight decline in the short term. The long-term market still needs to be watched.

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