Potassium Nitrate Price | Current and Historical
Monitor Potassium Nitrate Prices Worldwide
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See 6 monthly Potassium Nitrate price assessments covering 6 locations: United States, South America, Europe, Southeast Asia, Northeast Asia and Africa. Also check Potassium Nitrate price history since 2007. The chart below is a sample of Intratec Primary Commodity Prices - subscribe now and gain access to current prices of 226 commodities, including Potassium Nitrate.
Data Legend. The Potassium Nitrate price chart shows the prices in USA Dollar per metric ton (USD/mt) as follows:
- US: Potassium Nitrate, United States, transaction, cif
- SAM: Potassium Nitrate, South America, transaction, fob, Chile
- EUR: Potassium Nitrate, Europe, transaction, cif, Netherlands
- SEA: Potassium Nitrate, Southeast Asia, transaction, cif, Thailand
- NEA: Potassium Nitrate, Northeast Asia, transaction, cif, South Korea
- AFR: Potassium Nitrate, Africa, transaction, cif, Morocco
Data Use. Potassium Nitrate prices are provided as an annual subscription where subscribers have access to reliable pricing data of 226 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
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Price Dynamics. The Potassium Nitrate price in United States decreased during December 2018 to 537 USD per metric ton, which represents a decline of 7% compared to the previous month’s value. On a year-over-year basis, Potassium Nitrate prices in United States decreased significantly by 13%. Meanwhile, in Netherlands, the average price of Potassium Nitrate amounted to 696 USD per metric ton, from 742 USD per metric ton one year earlier. On a month-over-month basis, the Potassium Nitrate price in Netherlands is 3% higher than the price one month before.
The price of Potassium Nitrate in South Korea declined throughout December 2018, reaching 935 USD per metric ton. The price in South Korea is 5% lower than the average price in the previous month and 1% lower than the average price one year before. In contrast, Potassium Nitrate prices in Thailand decreased significantly during December 2018, reaching 892 USD per metric ton, which means a decline of 7% from the previous month’s price and a rise of 1% from the previous year’s price.
The Potassium Nitrate prices in Chile experienced a rise of 29 USD per metric ton from the prior month's price, to 710 USD per metric ton. Such price movement in Chile meant a rise of 4% on a monthly basis and a decrease of 0.1% on a yearly basis. On the other hand, in December 2018, the Potassium Nitrate price in Morocco witnessed a decline of 14 USD per metric ton when compared against the previous month's price, to 814 USD per metric ton. The December 2018 price in Morocco is 10% lower than the price one year before.
About Potassium Nitrate. Potassium Nitrate is a crystalline salt that is found as white to gray solid. It is mainly used as a fertilizer, gunpowder ingredient and as food preservative additive which suppress bacteria in meats and some cheeses. It is noncombustible, however it accelerates the burning of combustible substances which may result in an explosion that releases toxic oxides of nitrogen.
As an oxidant, potassium nitrate must be transported and stored away from reducing agent and combustible substances as it accelerates the burning of those substances, resulting in explosion and release of toxic oxides of nitrogen. There is also a dangerous fire and explosion risk when shocked or heated. However, the product is non-reactive under normal conditions of storage and transportation. Depending on the grade, the product can be sold as a fine crystalline product or as prills. Potassium nitrate may be shipped via air, rail, road, and water, in containers bearing the label, 'Oxidizer'.
Raw materials and the respective production processes employed in the manufacturing of Potassium Nitrate are listed below.
- Potassium chloride + nitric acid (salt formation),
- Potassium chloride + sodium nitrate (salt formation)
The uses and applications of Potassium Nitrate may vary according to its specification. The main forms of Potassium Nitrate are fertilizer grade (99%) and food grade (99.5%).
