On January 15, Shandong Tianyi Potassium Nitrate quoted the ex-factory price for agricultural-grade potassium nitrate at 4,150 yuan per ton, a decrease of 50 yuan per ton compared to the previous quoted day. PriceSeek analysis of potassium nitrate, with a long-short rating: -1. The article indicates that Shandong Tianyi Potassium Nitrate's ex-factory price for agricultural-grade potassium nitrate has dropped by 50 yuan per ton to 4,150 yuan per ton, suggesting an increase in spot market supply or a weakening in demand, leading to heightened downward pressure on prices. This change is unfavorable for long positions, with a rating of -1 (generally bearish), as the decline of approximately 1.2%, while not drastic, clearly reflects short-term weakness.
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