Potassium hydroxide, also known as caustic potassium and potassium ash, is mainly used in medicine, dyestuff, light industry, textile and other fields. With the continuous development of application technology, its application scope is expanding. Potassium hydroxide is widely used in the production of potassium permanganate, potassium carbonate and other potassium salts and potash.
The future development of potassium hydroxide will have the following trends: with the increase of domestic potash fertilizer production capacity, the world potash fertilizer supply pattern will also change, and the supply of potassium chloride as the main raw material of potassium hydroxide will be more reasonable; Small enterprises will be phased out, and enterprises with technology and scale will get sufficient development; The improvement of the quality of potassium hydroxide products in China will certainly lead to the domestic potassium hydroxide occupying a broader foreign market; With the relaxation and development of downstream demand, the consumption of potassium hydroxide will continue to rise.
In terms of price, potassium hydroxide is a resource-based chemical product, which will gradually decrease with the decrease of resources. It is expected that in the next few years, the price of potassium hydroxide in China will remain at the current level, that is to say, in the next two years, the domestic market price of potassium hydroxide will remain at 5500 ~ 6500 yuan / ton.