January 7th Update On January 7, the ex-factory price of industrial-grade potassium nitrate at the Shifang City Potassium Nitrate Plant in Sichuan Province was quoted at 5,200 yuan/ton, a decrease of 100 yuan/ton compared to the previous quoted price. The plant has an annual production capacity of 50,000 tons of potassium nitrate. Chempricehub Analysis of Potassium Nitrate Bull-Bear Score: -1 The ex-factory price of potassium nitrate decreased by 100 yuan/ton to 5,200 yuan/ton, indicating ample market supply or weak demand, which generally exerts bearish pressure on spot prices. The price decline may be attributed to capacity expansion (annual production of 50,000 tons) or weakening downstream demand. It is anticipated that spot prices may continue to face downward pressure in the short term. It is recommended to monitor changes in inventory levels and downstream procurement dynamics.