April 21, 2024 – On April 21, the ex-factory price of industrial-grade potassium nitrate from Aoxin Chemical Co., Ltd. in Shifang City was quoted at 5,000 yuan per ton, representing an increase of 100 yuan per ton compared to the previous quotation date. Chempricehub analysis of potassium nitrate, with a long-short rating of 1: The ex-factory price of industrial-grade potassium nitrate from Aoxin Chemical Co., Ltd. in Shifang City has risen by 100 yuan per ton to 5,000 yuan per ton, indicating tightening supply or strengthening demand in the spot market, which generally supports spot prices. This price increase may reflect rising raw material costs or a recovery in downstream demand, driving a short-term upward trend in spot prices.