1、 Price trend
Market analysis of potash products
(photo source: Commodity analysis system of Business Club)
| Polyglutamic acid fertiliser grade |
According to the data monitored by the business agency, the average factory price of light potash in China this week is 6325.00 yuan / ton, including tax. The current price is down 9.32% year on year.
2、 Analysis of influencing factors
Product: this week, the market of potash market was low consolidation. Affected by the approaching of Spring Festival, the market of potash market was not warm, the trading atmosphere was cold, and the demand side was weak, resulting in the low consolidation of potash price. 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 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.
| Polyglutamic acid 30% |
3、 Future forecast
Potash analysts of the business association believe that this week’s potash market is low consolidation, holidays are approaching, trading market activity is low, and potash manufacturers have a negative attitude. In the short term, potash prices may mainly be 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).
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