SunSirs: Potassium Carbonate Market Fluctuated and Consolidated This Week (January 2-6)
January 10 2023 10:37:32 SunSirs (John)
Price trend
According to the data monitored by SunSirs, the average ex factory tax inclusive price of light potassium carbonate in Shanxi this week was 9,100.00 RMB/ton, which was stable. The current price fell 1.36% month on month, and the current price rose 11.89% year on year.
Analysis review
The price of potassium carbonate was stable this week. It can be seen from the data of SunSirs that the potassium carbonate market fluctuated slightly recently, and this week the market was volatile and consolidated. The supply of domestic potassium manufacturers was normal, and the market price of potassium chloride was consolidated. The supply of goods was mostly concentrated in the hands of large traders, and the downstream maintained just in need of procurement. The market turnover was flat, and the potassium carbonate market fluctuated and consolidated. According to the statistics of SunSirs, the quotation range of domestic industrial grade potassium carbonate mainstream factory this week was about 9,100-9,300 RMB/ton (the quotation was for reference only), which varied according to the procurement situation.
Recently, the quotation of domestic mainstream potassium chloride manufacturers was stable: the price this week was 3,850.00 RMB/ton. As of June 6, the sales price of 60% of domestic potassium crystals was mostly 3,520-3,600 RMB/ton. 57% of the price of Qinghai small factories was 3,200-3,300 RMB/ton, 62% of the price of Russian white potassium in border trade areas was 3,500-3,550 RMB/ton, 62% of the price of port white potassium was 3,680-3,750 RMB/ton, the price of large granules was 3,850-3,900 RMB/ton, and 60% of the price of red powder was 3,800-3,850 RMB/ton.
Market outlook
Recently, the domestic potash fertilizer market has been consolidated, the Spring Festival is approaching, and the market turnover is light. It is expected that the price of potassium carbonate will fall mainly in the short term, while the long-term market still needs to wait and see.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
