According to the commodity market analysis system of Shengyishe, at the beginning of the month, the price of Shanxi industrial grade first-class potassium nitrate was quoted at 5175.00 yuan/ton, and at the end of the month, the price of Shanxi industrial grade first-class potassium nitrate was quoted at 5112.50 yuan/ton, a decrease of 1.21%. The current price has dropped by 14.22% year-on-year.
potassium nitrate
The domestic potassium nitrate market fluctuated in March, and it can be seen from the above chart that the potassium nitrate market has been fluctuating and declining for three consecutive months, with slight fluctuations this month. The raw material market is fluctuating downward, with poor cost support. The competition pressure in the potassium nitrate market is increasing, and downstream factories have limited purchasing enthusiasm, mainly based on demand. The price of potassium nitrate fluctuates slightly. According to statistics from Business Society, mainstream domestic potassium nitrate manufacturers have recently quoted 4800-5000 yuan/ton (for reference only), and the prices may vary depending on the procurement situation.
According to the Commodity Analysis System of Business Society, the overall trend of potassium chloride market in March was downward. The final price of 60% potassium in Qinghai is around 2200 yuan/ton, with limited new transactions. The self raised price of 62% white potassium at the port is around 2200 yuan/ton. The self raised price of 60% Dahong particles at the port is around 2300-2400 yuan/ton. Border trade accounts for 62% of Russian white potassium at around 2150 yuan/ton.
At present, no new goods have arrived at the potassium chloride port, and downstream factories are not actively purchasing raw materials. It is expected that the price of potassium nitrate will mainly rebound from the bottom in the short term, and the long-term market still needs to wait and see.
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