Price Trend

According to the data monitored by business associations, the price of domestic potassium nitrate fell this week. At the beginning of the week, the price of domestic first-class industrial potassium nitrate was 4387.50 yuan/ton. At the end of the week, the price of domestic first-class industrial potassium nitrate was 4362.50 yuan/ton, a decline of 0.57%, and the current price fell by 4.90% compared with last year.

II. Market Analysis

Products: This week, the domestic potassium nitrate Market Trading atmosphere is relatively cold, potassium nitrate manufacturers actively seek price changes, but not yet effective, potassium nitrate manufacturers operating rate is at a low level, so the overall inventory of potassium nitrate is at a low level, there is no sales pressure, the actual turnover is general, downstream purchasing is just in demand, basically not ready. Goods, potassium nitrate prices fell. Domestic potassium nitrate mainstream manufacturers offer 4200-4500 yuan/ton.

3. Future Market Forecast

The analyst of potassium nitrate of business association thinks that the market of potassium nitrate falls this week, the mentality of manufacturers is empty, the actual spot delivery is not good, the traditional peak season of “gold, nine silver and ten” has arrived, but it has not yet driven the price of potassium nitrate to rise, the market may be warming up after the festival, mainly by the demand-side-led price trend.