1、 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 average factory price of domestic light potash at the beginning of the week was 6325.00 yuan / ton, while the average factory price of domestic light potash at the end of the week was 6337.50 yuan / ton, an increase of 0.2%. The current price was down 9.14% year on year.
2、 Analysis of influencing factors
Products: the market of potash market this week is low and consolidated. There are still new arrivals of imported potash at the port, but it can not be sold to the outside world temporarily. The quotation of traders is stable. Affected by the approaching of Spring Festival, the market of potash market is running generally, and the price of potash is rising slightly. The actual trading volume of the market is relatively general, the downstream purchase volume is on the low side for a small amount of replenishment, and the domestic potassium carbonate market is volatile and consolidated. According to the statistics of the business agency: in January, the main quotation range of domestic industrial potassium carbonate is about 6200-6600 yuan / ton (the quotation is only for reference), and the quotation varies according to the purchase situation.
3、 Future forecast
Potash analysts of the business association believe that the recent consolidation of the nitric acid market is the main market, spot trading is tepid, the Spring Festival holiday is approaching, and it is expected that there will be no big improvement. In the short term, the price of potash may be mainly consolidation, and the long-term market still needs to wait and see.