January 14th — On January 14th, the ex-factory price of industrial-grade potassium nitrate from Hunan Meiao Potash Industry was 5,300 yuan per ton, a decrease of 100 yuan per ton compared to the previous quoted date. The company has an annual production capacity of 30,000 tons of potassium nitrate. Chempricehub's analysis of potassium nitrate shows a bearish score of -1. The article indicates that the ex-factory price of industrial-grade potassium nitrate from Hunan Meiao Potash Industry fell by 100 yuan per ton to 5,300 yuan per ton compared to the previous quoted date, a decline of approximately 1.89%. The price drop suggests potential oversupply pressure on the production side (with an annual output of 30,000 tons) or weak demand, exacerbating expectations of a downturn in the spot market. A score of -1 indicates a generally bearish outlook, as although the price decline is not drastic, it directly reflects bearish sentiment in the local market, which may affect short-term spot trading behavior.