January 8th News — On January 8th, Aoxin Chemical Co., Ltd. in Shifang City quoted the ex-factory price of industrial-grade potassium nitrate at 4,900 yuan per ton, a decrease of 300 yuan per ton compared to the previous quotation date. Chempricehub's analysis of potassium nitrate indicates a bearish score of -1. The ex-factory price of industrial-grade potassium nitrate from Aoxin Chemical Co., Ltd. in Shifang City has dropped by 300 yuan per ton to 4,900 yuan per ton, suggesting a potential increase in market supply or weak demand, exerting significant downward pressure on spot prices. The price decline may stem from inventory accumulation or intensified industry competition, which will likely enhance buyers' bargaining willingness. In the short term, the spot market may face further pressure, leading to reduced trading activity.