This chart shows Potassium Nitrate price assessments in USA Dollar per metric ton (USD/mt) in 6 locations, as follows:
- Potassium Nitrate, US (United States): Potassium Nitrate, import transaction price, cif, United States (netforward from fob Chile)
- Potassium Nitrate, EUR (Europe): Potassium Nitrate, import transaction price, cif, Netherlands (netforward from fob Chile)
- Potassium Nitrate, SEA (Southeast Asia): Potassium Nitrate, import transaction price, cif, Thailand
- Potassium Nitrate, AFR (Africa): Potassium Nitrate, import transaction price, cif, Morocco (netforward from fob Chile)
- Potassium Nitrate, SAM (South America): Potassium Nitrate, export transaction price, fob, Chile
- Potassium Nitrate (technical), CN (China): Potassium Nitrate (technical grade), domestic spot price, exw, China
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Potassium Nitrate.
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Potassium Nitrate prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
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Potassium Nitrate Price Outlook
Potassium Nitrate Price Outlook. The price of Potassium Nitrate (United States) increased during June 2020 to 707 USD per metric ton, which represents a considerable rise of 13% compared to the previous month’s value. On a year-over-year basis, the prices of Potassium Nitrate (United States) decreased significantly by 8%. Meanwhile, the average price of Potassium Nitrate (China) amounted to 591 USD per metric ton, from 618 USD per metric ton one year earlier. On a month-over-month basis, the price of Potassium Nitrate (China) is 2% lower than the price one month before.
The price of Potassium Nitrate (Southeast Asia) declined considerably throughout June 2020, reaching 751 USD per metric ton. The price is 13% lower than the average price in the previous month and 4% lower than the average price one year before. In contrast, the prices of Potassium Nitrate (Africa) increased significantly during June 2020, reaching 715 USD per metric ton, which means a rise of 14% from the previous month’s price and a decline of 8% from the previous year’s price.
The prices of Potassium Nitrate (Europe) experienced a significant rise of 89 USD per metric ton from the prior month's price, to 716 USD per metric ton. Such price movement meant a rise of 14% on a monthly basis and a decrease of 8% on a yearly basis. On the other hand, in June 2020, the price of Potassium Nitrate (South America) witnessed a rise of 77 USD per metric ton when compared against the previous month's price, to 690 USD per metric ton. The June 2020 price is 8% lower than the price one year before.
About Potassium Nitrate
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.
Potassium Nitrate Handling. 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'.
Potassium Nitrate Production. 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)
Potassium Nitrate Uses. The uses and applications of Potassium Nitrate may vary according to its specification. The main forms of Potassium Nitrate are fertilizer (min. 95 wt% KNO3, density of 1.1-1.3 kg/L, fine crystals or prills) and technical (min. 99 wt% KNO3, density of 1.1 kg/L, fine crystals).