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Chempricehub Alert: Shanxi Wojin Potassium Nitrate Price Drops by 300 Yuan
Published on 2026-01-03
December 25th News: On December 25th, Shanxi Wojin New Materials Co., Ltd. quoted the ex-factory price of molten salt potassium nitrate at 4,600 yuan per ton, a decrease of 300 yuan per ton compared to the previous quotation date. The annual production capacity of potassium nitrate is 120,000 tons. Chempricehub analysis of potassium nitrate, long-short score: -1. The article indicates that Shanxi Wojin New Materials Co., Ltd. has lowered its ex-factory price of potassium nitrate by 300 yuan per ton to 4,600 yuan per ton, with an annual production capacity of 120,000 tons, suggesting ample supply and significant downward pressure on prices. This directly reflects a loose market supply-demand balance, possibly due to capacity expansion or weak demand, exerting a generally bearish impact on spot prices. It is expected that spot prices will face pressure in the short term.