Potassium carbonate Market Consolidation dominated this week (4.15-4.19)

Price Trend

Market Analysis of Potassium Carbonate Products

(Photo Source: Business Association Commodity Analysis System)

According to the data monitored by business associations, the price of potassium carbonate was mainly consolidated this week. The overall price did not change much, with a drop of 0.18%. As of April 19, the average tax price of domestic light potassium carbonate was 6838 yuan/ton, and the market was weak.

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II. Analysis of Influencing Factors

Product: Potassium carbonate market is not hot this week, the trading atmosphere is cold, while the demand side is weak, resulting in the price of potassium nitrate consolidation operation. Some of the plants of the manufacturer are shut down for overhaul, the low stock purchasing market has general momentum, and the weak quotation operation is dominant. According to statistics from business associations: on April 19, the main domestic light potassium carbonate ex-factory quotation range is about 6700-6900 yuan/ton (quotation for reference only). According to different purchasing conditions, the quotation is different.

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3. Future Market Forecast

Potassium carbonate analysts believe that the price of potassium carbonate is mainly consolidation in the short term, while the long-term market still needs to wait and see, mainly affected by demand-side dominance.

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