January 6th Update: On January 6th, Weifang Shengxing Chemical Co., Ltd. quoted the ex-factory price of agricultural-grade potassium nitrate at 4,250 RMB per ton, marking an increase of 100 RMB per ton compared to the previous quoted price. The company has an annual production capacity of 100,000 tons of potassium nitrate. Chempricehub Analysis on Potassium Nitrate: Bull-Bear Score: +1 Weifang Shengxing Chemical's ex-factory price for agricultural-grade potassium nitrate has risen by 100 RMB per ton to 4,250 RMB per ton, reflecting tightening supply or strengthening demand in the spot market, which directly supports the spot price. The annual production capacity of 100,000 tons provides contextual support, but the significant increase indicates short-term positive factors. The score of +1 indicates a generally favorable outlook, as the price increase, while not extreme, has positively influenced market expectations.