I. 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 price of potash fluctuated and consolidated this week. The average factory price of light potash in China was 6425.00 yuan / ton, including tax. The current price dropped 7.05% year on year.

II. Analysis of influencing factors

Product: this week, the market of potassium carbonate was in shock and consolidation. Affected by the National Day holiday, the market of potassium carbonate was not running well, and the trading atmosphere was cold. At the same time, the demand side was weak, resulting in the consolidation of the price of potassium nitrate. The actual turnover of the market is relatively general, while the plant operating rate of the manufacturer is at a low level, the overall inventory is at a low level, the purchasing market momentum is general, and the domestic potassium carbonate market is volatile and consolidated. According to the statistics of the business agency: in October, the main quotation range of domestic industrial potassium carbonate is about 6300-6600 yuan / ton (the quotation is only for reference), and the quotation varies according to the purchase situation.

III. future forecast

Potash analysts of the business association believe that this week’s potash market is volatile and consolidation. The October of the golden nine silver ten has passed by half, but potash market still hasn’t improved. In the short term, potash prices may be mainly consolidation, and the long-term market still needs to wait and see.