On January 5th, Shandong Huayang Deer Chemical Co., Ltd. quoted the price of agricultural-grade potassium nitrate at 4,200 yuan per ton, a decrease of 100 yuan per ton compared to the previous quotation date, with an annual production capacity of 50,000 tons of potassium nitrate. PriceSeek analysis of potassium nitrate, with a long-short rating of -1: The agricultural-grade potassium nitrate quotation has dropped by 100 yuan per ton from the previous quotation date to 4,200 yuan per ton, a decrease of approximately 2.38%, reflecting a relatively loose market supply and demand, possibly due to sufficient supply or weakened demand. Shandong Huayang's annual production capacity of 50,000 tons, with stable capacity, may intensify the downward pressure on spot prices, constituting a generally bearish impact on prices. Investors need to monitor subsequent changes in demand to avoid risks.