According to the Commodity Market Analysis System of the Business Society, in early June, the average factory tax inclusive price of Shanxi’s light potassium carbonate was 8180.00 yuan/ton. At the end of the month, the average factory tax inclusive price of Shanxi’s light potassium carbonate was 7780.00 yuan/ton, a decrease of 4.89%. The current price has decreased by 23.16% compared to last year.

Potassium carbonate

The price of potassium carbonate fell in June. From the above chart, it can be seen that the potassium carbonate market has been declining for three consecutive months recently. The overall market of raw material Potassium chloride is volatile and low, and the cost support is poor. The downstream market is just in need of procurement. Potassium carbonate manufacturers have a bearish mentality and the market is declining. According to statistics from Business Society, the mainstream factory quotation range for industrial grade potassium carbonate is around 7300-7800 yuan/ton recently (for reference only), and the quotation varies depending on the procurement situation.

According to the commodity analysis system of the business community, the overall market of Potassium chloride in June was in a volatile downward trend. Recently, the international market demand for Potassium chloride is insufficient, and the price shows a downward trend. The domestic Spot market of Potassium chloride was in general trading, and the price of Potassium chloride fell slightly in shock. The market of Potassium chloride is expected to consolidate at a low level in the future.

At present, the overall supply of imported potassium is sufficient, with poor cost support. Downstream purchasing is cautious, and it is expected that the price of potassium carbonate will mainly decline in the short term. The long-term market still needs to wait and see.