SunSirs: Potassium carbonate market rose this week

Market analysis of potassium carbonate products

According to the data monitored by the SunSirs, the average ex factory tax price of Shanxi light potassium carbonate was 9083.33 RMB/ton at the beginning of the week, and the average ex factory tax price of Shanxi light potassium carbonate was 9416.67 RMB/ton at the end of the week, up 3.67%, the current price Rose 3.86% month on month, and the current price rose 39.51% year-on-year.

Potassium carbonate

The price of potassium carbonate rose sharply this week. As can be seen from the above figure, the potassium carbonate market has fluctuated higher recently, and the market continues to rise this week, mainly because of the recent sharp rise in raw materials, the passive follow-up of potassium carbonate manufacturers, the market transaction is not positive, the traders are reluctant to sell their goods, and the potassium carbonate market continues to rise. According to the statistics of business agency, the mainstream factory quotation range of domestic industrial grade potassium carbonate this week is about 9300-9500 RMB/ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

Recently, the international market price of potassium chloride has been strong and upward, while the domestic spot market is in short supply, the domestic inventory is relatively low, the supply is in short supply, and the price of potassium chloride has increased slightly. The high price of potassium chloride can give strong cost support to potassium carbonate.

Recently, the price of potash fertilizer in China has remained high, the cost has remained high, and the market supply is in short supply. It is expected that the price of potash will mainly rise in the short term, and the long-term market still needs to wait and see.

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