I. price trend

Market analysis of potash products

(photo source: Commodity analysis system of Business Club)

According to the data monitored by the business agency, the price of potash fluctuated and fell this week. At the beginning of this week, the average factory price including tax of the mainstream light potash in China was 6437.50 yuan / ton, while the average factory price including tax of the mainstream light potash in China at the weekend was 6425.00 yuan / ton, down 0.19%, and the current price was 7.05% lower than that of last year.

II. Analysis of influencing factors

Product: this week, the market of potash fluctuated and fell. The market of potash in the golden nine silver ten middle schools has been stable. In November, the price of potash could not maintain a small decline. The market trading atmosphere is relatively cold, while the demand side maintains rigid purchase, resulting in the price of potassium nitrate shock and consolidation. At the same time, the plant operating rate of the manufacturer is at a low level, the overall inventory is at a low level, the purchasing market momentum is general, and the domestic potassium carbonate market fluctuates and falls. According to the statistics of business agency: in November, the main quotation range of domestic industrial potassium carbonate is about 6200-6500 yuan / ton (the quotation is only for reference), and the quotation varies according to the purchase situation.

III. future forecast

Potash analysts of the business association believe that this week’s potash market fell in shock, the trading atmosphere of potash fertilizer market was cold, downstream demand did not improve temporarily, the situation of market supply exceeding demand is difficult to improve, and the transaction is difficult. In the short term, the price of potash may be mainly consolidation, and the long-term market still needs to wait and see