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SunSirs: Potassium carbonate market rose this week

May 27 2022 14:42:25     

Market analysis of potassium carbonate products

According to the data monitored by the SunSirs, the average ex factory tax price of the mainstream light potassium carbonate in Shanxi was 9550.00 RMB/ton at the beginning of the week, 9700.00 RMB/ton at the end of the week, an increase of 1.57%, the current price increased by 6.99% month on month, and the current price increased by 44.35% year-on-year.

Potassium carbonate

The price of potassium carbonate rose this week. As can be seen from the above figure, the potassium carbonate market has fluctuated higher in the past month, and the market continues to rise this week, mainly because of the shortage of goods in the market and the rumor of domestic potassium rising expectation in the market. Driven by this news, the potassium carbonate manufacturers continue to increase their quotation, and the 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 9400-9700 RMB/ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

Recently, the domestic market price of imported potassium chloride is temporarily stable. At present, the price of 62% white potassium in the port is about 5300-5400 RMB/ton; The self raised price of 60% Dahong granules in the port is about 5100-5200 RMB/ton. 62% Russian White potassium in border trade is about 4900-5000 RMB/ton. The arrival price of domestic salt lake potassium chloride is about 4400-5000 RMB/ton. The high price of potassium chloride can give strong cost support to potassium carbonate.

Recently, the stock of imported potash port is still declining, new border trade sources are gradually crossing the shore, and the market supply is still 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.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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