According to the data monitored by business associations, the price of potassium carbonate has been running weakly this week. The overall price has not changed much, falling by about 50 yuan/ton, or 0.74%. As of June 14, the average tax-bearing price of domestic light potassium carbonate mainstream outlets was 6,700 yuan/ton, and the market has declined.
II. Analysis of Influencing Factors
Products: This week, the market of potassium carbonate is not warm, the trading atmosphere is cold, while downstream purchasing is just in demand, resulting in the weak price of potassium nitrate. The plant start-up rate of the manufacturer is at a low level, the purchasing market momentum of the low inventory level is general, and the weak quotation operation is dominant. According to the statistics of business associations: on June 14, the main domestic light potassium carbonate ex-factory quotation range is about 6500-6700 yuan/ton (quotation for reference only). According to different purchasing conditions, the quotation is different.
3. Future Market Forecast
Potassium carbonate analysts believe that in the short term, the price of potassium carbonate is dominated by weak consolidation, while in the long run, the market still needs to wait and see, mainly affected by demand-side dominance.
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