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 6337.50 yuan / ton, while the average factory price of domestic light potash at the end of the week was 6375.00 yuan / ton, an increase of 0.59%. The current price dropped 7.44% year on year.
2、 Analysis of influencing factors
Products: this week, the market of potash increased slightly. Due to the impact of the epidemic, potash enterprises are in the process of resumption. Now, Wentong potash Group Co., Ltd., Wenshui Zhenxing chemical fertilizer Co., Ltd. and Jiaocheng County Hesheng Chemical Co., Ltd. have resumed their work. However, the supply of potash market is still at a low level, the actual volume of the market is relatively general, and the downstream purchase volume is on the low side for a small amount of replenishment, while the domestic potash market rose slightly. According to the statistics of the business agency: in February, 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
According to potash analysts of the business association, the recent consolidation of nitric acid market is the main trend. With the increase of resumption enterprises, the market supply is rising. In the short term, the price of potash may be mainly consolidation, and the long-term market still needs to wait and see. (the above prices are provided by the major potassium nitrate manufacturers all over the country and analyzed by the potassium carbonate analyst of the business association, for reference only. For more details, please contact the relevant manufacturers for consultation).