Potassium carbonate is stable this week (8.5-8.9)

Price Trend

Market Analysis of Potassium Carbonate Products

(Photo Source: Business Association Commodity Analysis System)

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According to the data monitored by business associations, the price of potassium carbonate was temporarily stable this week. As of August 9, the average tax price of the mainstream domestic light potassium carbonate factory was 6550 yuan/ton, and the market was stable.

II. Analysis of Influencing Factors

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Products: This week’s potassium carbonate market is not good, the trading atmosphere is cold, downstream purchasing just needs, while the plant start-up rate of manufacturers is low, the overall inventory low purchasing market momentum is low, the domestic potassium carbonate market is stable. According to the statistics of business associations: on August 10, the quotation range of domestic industrial potassium carbonate mainstream factory is about 6500-6800 yuan/ton (quotation only for reference). The quotation varies according to the purchasing situation.

3. Future Market Forecast

Potassium carbonate analysts believe that the short-term consolidation of potassium carbonate prices, long-term market still needs to wait and see, “gold nine silver ten” is coming, the market may be somewhat warmer, mainly concerned about whether the late demand side has improved.

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