January 8th News: On January 8th, Weifang Shengxing Chemical Co., Ltd. quoted an ex-factory price of 4,150 yuan/ton for agricultural-grade potassium nitrate, a decrease of 100 yuan/ton compared to the previous quotation date. The annual production capacity of potassium nitrate is 100,000 tons. Chempricehub analysis of potassium nitrate, bullish-bearish rating: -1. The ex-factory price decreased by 100 yuan/ton to 4,150 yuan/ton, reflecting ample supply or weak demand. The company's annual production capacity of 100,000 tons highlights production pressure, posing a downside risk to spot prices and negatively impacting market sentiment.