March 16th News — On March 16th, the ex-factory price of potassium nitrate from Yufeng Chemical in Shifang City, Sichuan Province, was quoted at 5,000 yuan per ton, a decrease of 200 yuan per ton compared to the previous quotation date. The annual production capacity of potassium nitrate is 30,000 tons. Chempricehub analysis of potassium nitrate, long-short rating: -1. The ex-factory price of potassium nitrate from Yufeng Chemical in Shifang City, Sichuan Province, has been lowered by 200 yuan per ton to 5,000 yuan per ton, a decrease of approximately 3.85%. This price drop indicates increased pressure on the supply side, possibly due to capacity release (annual production of 30,000 tons) or weak demand, which has a bearish impact on spot prices. A rating of -1 indicates a generally bearish outlook, as the local price decline may reflect a looser market supply-demand balance, but the impact is limited in scope. Further verification is needed by combining data from other regions.