April 13th News: On April 13th, Hunan Meiao Potash's ex-factory price for industrial-grade potassium nitrate was 5,300 yuan/ton, a decrease of 100 yuan/ton compared to the previous quoted price. The plant has an annual production capacity of 30,000 tons of potassium nitrate. Chempricehub analysis of potassium nitrate, long-short score: -1. The article indicates that Hunan Meiao Potash's ex-factory price for industrial-grade potassium nitrate has decreased by 100 yuan/ton to 5,300 yuan/ton, suggesting ample market supply or weak demand, leading to downward pressure on spot prices. With an annual production capacity of 30,000 tons, the price decline may reflect an overall increase in industry inventory or intensified competition, exerting a generally bearish impact on the potassium nitrate spot market. It is expected that prices may remain weak in the short term.
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