SunSirs: Potassium Carbonate Market Fluctuated and Consolidated This Week (December 5-9)

Price trend

According to the data monitored by SunSirs, the average ex factory tax inclusive price of light potassium carbonate in Shanxi this week was 9,225.00 RMB/ton, which was stable. The current price has risen 0.68% month on month and 13.42% year on year.

Analysis review

The price of potassium carbonate was stable this week. It can be seen from the data of SunSirs that the potassium carbonate market has risen slightly recently, and this week the market was volatile and consolidated. The supply of domestic potassium manufacturers was normal, and the market price of potassium chloride was higher. Border trade orders have not yet been fully determined, downstream procurement remained just in demand, market transactions were flat, and potassium carbonate market was volatile and consolidated. According to the statistics of SunSirs, the quotation range of domestic industrial grade potassium carbonate mainstream factory this week was about 9,100-9,300 RMB/ton (the quotation was for reference only), which varied according to the procurement situation.

Recently, the quotation of domestic mainstream potassium chloride manufacturers was stable: this week's price was 3,883.33 RMB/ton. At present, the sales price of 60% domestic potassium crystals is mostly 3,500 to 3,800 RMB/ton. The price of 57% powder in Qinghai small factories is 3,100-3,200 RMB/ton, and the price of 62% Russian white potassium in border trade areas is 3,550-3,600 RMB/ton. The price of 62% white potassium at the port is mostly 3,680-3,750 RMB/ton. The price of large particles is mostly 3,850-3,900 RMB/ton, and the price of 60% red powder is 3,800-3,850 RMB/ton.

Market outlook

Recently, the domestic potash fertilizer market has been consolidated at a high level, the cost support is fair, and the demand of downstream factories has weakened. It is expected that the potassium carbonate price will fall mainly in the short term, while the long-term market still needs to wait and see.

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