Price Trend

Market Analysis of Potassium Carbonate Products

(Photo Source: Business Association Commodity Analysis System)

According to the data monitored by business associations, the price of potassium carbonate fell this week. At the beginning of the week, the average tax-bearing price of the mainstream domestic light potassium carbonate factory was 6437.50 yuan/ton. At the weekend, the average tax-bearing price of the mainstream domestic light potassium carbonate factory was 6437.50 yuan/ton, a decline of 0.19%, and the current price fell by 7.05% compared with last year.

II. Analysis of Influencing Factors

Product: Potassium carbonate market is weakening this week. Generally speaking, the trading atmosphere of potassium carbonate market is not warm, activity is low, the demand side is weak, the actual market turnover is insufficient, downstream purchasing maintains just demand, while the start-up rate of plant is low, the overall inventory is low, the purchasing market momentum is general, and the domestic potassium carbonate Market declines. According to statistics from business associations: in October, the quotation range of domestic industrial potassium carbonate main-stream factory is about 6300-6600 yuan/ton (quotation for reference only). According to different purchasing conditions, the quotation is different.

3. Future Market Forecast

Potassium carbonate analysts believe that the market of potassium carbonate fell this week, the market of potassium carbonate is not satisfactory after October, the mentality of potassium carbonate manufacturers is negative, the price of potassium carbonate is mainly consolidation in the short term, and the long-term market still needs to wait and see.