On January 8, the ex-factory quotation for industrial-grade potassium nitrate from Aoxin Chemical Co., Ltd. in Shifang City was 4,900 yuan/ton, a decrease of 300 yuan/ton compared to the previous quotation date. PriceSeek analysis of potassium nitrate: Bull-bear score: -1. The ex-factory quotation for industrial-grade potassium nitrate from Aoxin Chemical Co., Ltd. in Shifang City dropped by 300 yuan/ton to 4,900 yuan/ton, indicating 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.