1、 Price trend

According to the data monitored by the business association, the price of domestic potassium nitrate was weak and consolidated this week. This week, the price of domestic industrial grade first-class potassium nitrate was 4350.00 yuan / ton, and the current price was 4.92% lower than last year.

2、 Market analysis

Product: this week, the domestic potassium nitrate Market was in a weak consolidation. The price of upstream raw material potassium chloride fluctuated slightly due to the arrival of the port, generally in a low consolidation. The trading atmosphere of potassium nitrate Market was general, the downstream demand was general, in a stable period of consumption, the supply and demand were relatively stable, and the situation was in a weak consolidation state. In addition, the overall downstream demand is general, the inventory is relatively sufficient, the rising power is insufficient, and the price is mainly stable. This week, the price change is not big. The domestic mainstream potassium nitrate manufacturers offer 4200-4500 yuan / ton.

3、 Future forecast

Potassium nitrate analysts of the business association think: in the near future, the market situation of nitric acid market is weak and consolidation, spot trading is tepid and tepid, and the manufacturer’s mentality is general. It is expected that the demand for potassium nitrate will not be greatly improved in the short term, and the market situation may continue to consolidation and operation.