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 consolidated this week. The average factory price of light potash in China at the weekend was 6425.00 yuan / ton, including tax. The current price fell 7.05% year on year.

II. Analysis of influencing factors

Product: at present, the consolidation trend of potash market is dominated by the consolidation of upstream raw material potassium chloride price, which has no supporting effect on the price of potash. The market of potash is relatively stable, while the demand side is weak, which restrains the price increase, and the price adjustment range is not large. Part of the manufacturer’s devices are shut down for maintenance, the market momentum of low inventory purchase is general, and the quotation is mainly consolidated. 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 the trading atmosphere of potash market is cold and difficult to close. In the short term, the price of potash may be mainly consolidation, and the long-term market still needs to wait and see, mainly affected by the demand side.