1、 Price trend
According to the data monitored by the business association, the potassium nitrate market fell first and then rose in 2019. At the lowest point, the price of domestic industrial grade first-class potassium nitrate was 4250.00 yuan / ton, at the beginning of the year, the price of domestic industrial grade first-class potassium nitrate was 4575.00 yuan / ton, at the end of the year, the price of domestic industrial grade first-class potassium nitrate was 4350.00 yuan / ton, with an annual comprehensive decline of 4.92%. Current prices are down 5.18% year on year.
2、 Market analysis
| Thiourea |
Product: in 2019, the potassium nitrate market fell first and then rose. In two stages, the first stage is from the beginning of the year to the middle of July. Affected by the decline of the price of upstream raw material potassium chloride, it has no supporting effect on the price of potassium carbonate. The market of potassium chloride is facing three major pressures, i.e. large stock in Hong Kong, weak demand and downward international price. The cost support was weak, and the market of potassium nitrate continued to decline, from 4575.00 yuan / ton at the beginning of the year to 4250.00 yuan / ton, down 7.10%. The second stage is from the end of July to the beginning of September, from July 10 to July 15, less than a week. In the second round, the first group of eight supervision groups of the central ecological and environmental protection supervision have all been stationed. With the “environmental protection” storm coming again, the production situation of enterprises in some areas will be limited. Some manufacturers raise the price by the heat of “environmental protection inspection”, and the market of potassium nitrate has a strong rebound, from 4250 yuan / ton at the end of 7 to 4387.50 yuan / ton, an increase of 3.24%. But the good times are not long. Soon, with the central supervision of ecological environment protection firmly forbidding the “one size fits all” of ecological environment protection, the potassium nitrate Market has once again entered a state of tepid. In the near future, the overall potassium nitrate inventory is at a low level, the manufacturer is in the maintenance period, and the operating rate is at a low level. At the same time, the actual turnover is low, and the downstream purchase volume just needs replenishment. It is expected that the potassium nitrate Market will be in a short period Weak consolidation is the main reason. The quotation of domestic mainstream potassium nitrate manufacturers is 4200-4500 yuan / ton (the quotation is only for reference), and the quotation is different according to the purchase situation.
3、 Future forecast
According to the potassium nitrate analyst of the business agency, the supply of potassium chloride is still at a high level in the near future, the price is difficult to improve in a short period of time, the cost support is weak, the nitric acid market is volatile and consolidated, the spot trade is not warm and not hot, the manufacturer’s mentality is general, and it is expected that the demand for potassium nitrate will not be greatly improved in a short period of time, and the market may continue to be consolidated and operated.
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