Potassium carbonate price rose slightly in February

1、 Price trend

 

Market analysis of potash products

ferrous fumarate price

According to the data monitored by the business agency, the average factory price including tax of domestic light potash at the beginning of the month was 6337.50 yuan / ton, and the average factory price including tax of domestic light potash at the end of the month was 6375.00 yuan / ton, an increase of 0.59%. The current price dropped by 7.44% year on year.

 

2、 Analysis of influencing factors

 

Ferrous Fumarate

Products: the market of potassium carbonate rose slightly in February. Due to the impact of the epidemic, the enterprises of potassium carbonate were resumed in mid February. Now, Wentong potash Group Co., Ltd., Wenshui Zhenxing chemical fertilizer Co., Ltd., Jiaocheng Hesheng Chemical Co., Ltd. and Wenshui Zhenfeng Agricultural Material Co., Ltd. have resumed construction, and Taiyuan xinyufeng chemical plant has not yet resumed construction. However, the supply of potash market is still at a low level, and the actual volume of trade in the market is relatively general. The upstream market price of potassium chloride is slightly higher. The recent shipment situation is better, and the transportation resistance has eased. Downstream purchase volume to bargain for a small amount of replenishment, domestic potash market rose slightly. According to the statistics of the business agency: in February, the main quotation range of domestic industrial potassium carbonate is about 6200-6600 yuan / ton (the quotation is only for reference), and the quotation varies according to the purchase situation.

 

3、 Future forecast

 

According to analysts of potash of the business association, the recent consolidation of potash market is the main trend. In March, all enterprises are expected to return to work, and the market supply is about to rise. In the short term, the price of potash may be mainly consolidation, while the long-term market still needs to wait and see.

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