I. price trend

According to the data monitored by the business agency, the price of domestic potassium nitrate fluctuated and consolidated this week. The price of domestic industrial grade first-class potassium nitrate in this week was 4362.50 yuan / ton, and the current price was 1.97% lower than last year.

II. Market analysis

Product: the domestic potassium nitrate Market is in shock and consolidation this week. It has entered the second half of October. The potassium fertilizer market still continues the price during the National Day holiday. The market trading atmosphere is relatively light. The downstream maintains rigid purchase, is in a stable consumption period, and the supply and demand are relatively stable. The market is in consolidation state. As a whole, the operating rate of potassium nitrate manufacturers is at a low level, so the overall inventory of potassium nitrate is at a low level, and there is no sales pressure for the time being. The downstream purchase volume is on the low side and a small amount of replenishment, basically there is no stock up situation, and the price of potassium nitrate remains volatile and consolidated. Domestic mainstream manufacturers of potassium nitrate offer 4200-4500 yuan / ton.

III. future forecast

Potassium nitrate analysts of the business association think: this week, the market of potassium nitrate is volatile and consolidated. The traditional October peak season of the golden nine silver ten seems to forget the potash industry. The potash market has always been tepid and tepid, and the downstream demand has not improved for the time being. It is expected that the demand of potassium nitrate will not be greatly improved in the short term, and the market may be consolidated and operated.