According to the data monitored by the business agency, the quotation of Shanxi industrial grade first-class potassium nitrate was 5425.00 yuan / ton on the 7th and 5400.00 yuan / ton on the 11th, down 0.46%, the current price fell by 1.22% month on month, and the current price rose by 29.73% year-on-year.

potassium nitrate

Recently, the domestic potassium nitrate market continues to decline. As can be seen from the above figure, the potassium nitrate market continues to be poor in late August and has been in a downward trend for almost two months. The market supply is sufficient. The manufacturer has a slight inventory pressure and arranges orders for shipment. The demand of downstream factories is weak, the procurement maintains rigid demand, the trading atmosphere of the whole potash fertilizer market is general, and the overall transaction is not good. The market of potassium nitrate shows a slight downward trend. According to the statistics of business society, the quotation of mainstream manufacturers of potassium nitrate in Shanxi this week is 5200-5600 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

The supply of domestic potash fertilizer is sufficient for the time being. The amount of potassium chloride stored in the port is about 2.3 million tons, with little change. The international market price of potassium chloride has increased greatly, and the international price of potassium chloride is about 500-700 US dollars / ton. At present, the domestic supply of potassium chloride is sufficient and the demand is general. In the future, it is expected that the potassium chloride market will consolidate at a high level.

The recent potash fertilizer market is dominated by shock consolidation. The downstream factories are not active in purchasing and maintain rigid demand. It is expected that the potash nitrate Market will decline in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).