March 3rd — On March 3rd, Shandong Tianyi's ex-factory quotation for agricultural-grade potassium nitrate was 4,100 yuan per ton, a decrease of 50 yuan per ton compared to the previous quotation date. Chempricehub's analysis of potassium nitrate shows a bearish score of -1. The 50 yuan per ton drop in Shandong Tianyi's ex-factory quotation for agricultural-grade potassium nitrate to 4,100 yuan per ton indicates ample market supply or weak demand, exerting downward pressure on spot prices. The price decline may stem from increased inventories or a slowdown in downstream procurement, leading to heightened bearish sentiment in the short-term spot market.