The price of KOH90% is going up in the Chinese market.
Potassium hydroxide market information for your reference:
1. Demand side: Downstream factories started to stock up before the New Year, domestic trade demand became better, and the stocking up is expected to be completed in the first half of January; after Chinese New Year is the farming period, the demand for potash rises, which will drive the price of potassium chloride, thus pulling the price of potassium hydroxide. January-April.
2. On inventory: All factories are still scheduling to produce the orders they received before. The Chinese New Year starts from January 21, and all major factories basically have no inventory before new year.
3. Transportation: the earliest lead time takes one month, January 21-27, 2023 Chinese New Year vacation, it is expected that January 10 to February 5 or so the domestic section of the transport will be stalled, there are still some regions affected by the epidemic caused by inland transport difficulties.
Hope this information is helpful to you:) Innoas will keep focusing on the market and share with often.