SunSirs: Inventory Pressure Was High and Potassium Carbonate Market Fell in June

Price trend

According to the data monitoring of SunSirs, the average factory of domestic light potassium carbonate with tax on June 1 was 6,250.00 RMB/ton, and the average factory of domestic light potassium carbonate with tax on June 29 was 6212.50 RMB/ton, a decrease of 0.60. %, the current price fell by 0.60% month-on-month, and the current price fell by 6.23% year-on-year.

Analysis review

The market of potassium carbonate fell in June, the trading atmosphere of the potassium carbonate market was cold, the actual trading volume was insufficient, the attitude of potassium carbonate manufacturers was negative, and downstream procurement was mainly needed. At the same time, the operating rate of manufacturers was low, and the overall inventory was low. Potassium market fell. According to the statistics of SunSirs: This week, the domestic factory-grade potassium carbonate mainstream factory quotation range is about 6,000-6,400 RMB/ton (the quotation is for reference only), and the quotation is different according to the purchase situation.

Recently, domestic supply of upstream potassium chloride was relatively sufficient. There were goods arriving at the ports one after another and the arrival volume of southern ports was higher than that of northern ports. The overall supply of imported potassium was at a high level, and sales were slow. Overall new orders were relatively slow, and prices remained stable. There was limited support for potassium carbonate.

Market outlook

Analysts of potassium carbonate of SunSirs believe that the domestic potash market has been relatively stable recently, domestic supply is more abundant, inventory pressure is greater, and actual orders are generally sold. It is expected that the price of potassium carbonate will fall mainly in the short term, and the long-term market still needs to wait and see .

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.